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Friday Focus: China's great power performance and Mark Carney's bad budget messaging

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Manage episode 504690788 series 3534527
Content provided by iHeartRadio Podcasts and Munk Foundation / iHeartRadio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartRadio Podcasts and Munk Foundation / iHeartRadio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week's SCO summit in China projected a series of powerful images about the rise of China and the cleaving of the world into two power blocs. Putin, Xi, and Kim Jong Un watching the military parade at Tiananmen Square was a performance of a great power, as was Narendra Modi's public display of friendship with Xi and Putin. Donald Trump's treatment of US allies is turning away in-between countries and offering China a historic opportunity to step up to the plate. The world of the US is becoming a minority compared to the countries circling China's orbit. In the second half of the show Rudyard and Janice turn to Canada's upcoming federal budget and Mark Carney's bad messaging, as the PM warned of austerity followed by investment. In an economy that is slowing, will Carney wrack up more debt? Will these be investments, or expenditures? And does our Prime Minister have a real plan to get Canada back to a fiscal balance?

  continue reading

506 episodes

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iconShare
 
Manage episode 504690788 series 3534527
Content provided by iHeartRadio Podcasts and Munk Foundation / iHeartRadio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartRadio Podcasts and Munk Foundation / iHeartRadio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week's SCO summit in China projected a series of powerful images about the rise of China and the cleaving of the world into two power blocs. Putin, Xi, and Kim Jong Un watching the military parade at Tiananmen Square was a performance of a great power, as was Narendra Modi's public display of friendship with Xi and Putin. Donald Trump's treatment of US allies is turning away in-between countries and offering China a historic opportunity to step up to the plate. The world of the US is becoming a minority compared to the countries circling China's orbit. In the second half of the show Rudyard and Janice turn to Canada's upcoming federal budget and Mark Carney's bad messaging, as the PM warned of austerity followed by investment. In an economy that is slowing, will Carney wrack up more debt? Will these be investments, or expenditures? And does our Prime Minister have a real plan to get Canada back to a fiscal balance?

  continue reading

506 episodes

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