Her. A new golden age of african culture has dawned even in hollywood black panther was the highest grossing film in the u. S. In 2018 and offered a challenge to western notions of africa and its history. Plot cantor was nominated for 7 oscars and won 3 an extraordinary achievement for a superhero film that also features a black majority cast. Black panther was immensely popular with audiences around the world had launched a series of new cultural trends. After the movie there were viral videos of people dont seem to destruction boards of. Songs in america and in europe. Why was it for me its a revolution and afro revolution there is a generation that suddenly claiming its identity and identity that has always been there that they could not express in the past and its. A renaissance of african pop culture is underway musicians from the continent and the African Diaspora are working together more closely than ever and storming the music charts. For example pop star beyonce travel to sou
Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is socially desirable you know what we need is a kind of Green New Deal approach for example where we look to create decent well paid jobs in the sectors where we actually really need new job say let me get a Little Energy because if the data shows i think you. Weve had since the thirtys all moods it has been. The state hasnt really the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do thi
Now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the money supply may not be the most important thing here it may be money allocation as someone from the Chinese Communist but anyway yes i think that is exactly the problem there isnt really a supply story problem theres a demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying my wages group think they think that entrepreneurs Small Businesses big corporations they will be investing. Its all about the private sector a little do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central ban
Homewards it has been the state it hasnt be the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do this big expansion in infrastructure were going to spend this on r. And d. And the central bank finances support financing through its Monetary Policy has credit guidance policies that direct lending into those sectors most needed then you tend to have more successful outcomes not everywhere of course theres always exceptions theres always those involved ways and you will south american failed states but in countries with mature institutions and democracies thats not generally the case well they know they even lie about the Interest Rate in the city of london as we know for a reliable until say a german coal wouldnt government so thats nationalizing everything in green new deal. Policy doesnt look likely to change given what the e. C. B. Did you think it may be at the loose lo
Voices in the military will see committee at the bank of england saying its not working yet well theres voices everywhere and now even some of the top x. Central Central Bank Governor was raising questions about q. E. In his announcement talked about the need for governments to do more expanding fiscal policy and thats a view thats becoming increasingly prevalent i think amongst Monetary Policy makers governments arent yet getting the message that we still havent seen expansion in fiscal policy to create demand in the economy that i think is so you need the roots of the response problem to what we have right now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the fact that money supply may not be the most important thing here it may be moved. The allocation is still in for the Chinese Communist but the way it is yes i think that is exactly the problem there isnt r