dependent on manufacturing. and from that point of view, what is much more wiring is china is now one of the most indebted in world. when you have inflation at very, very low levels, that makes it more difficult to service debt. especially since interest rates are quite high relative to inflation. there inflation and interest rates 5%, in the uk right now interest rates are actually negative, so it is a fairly dangerous situation. we have seen this injapan, even at very low inflation not even deflation, it is a problem when you have a highly indebted economy and they need to cut interest rates and they need to do that very, very soon.- do that very, very soon. thank ou so do that very, very soon. thank you so much do that very, very soon. thank you so much for do that very, very soon. thank you so much for your - do that very, very soon. thank you so much for your time. - do that very, very soon. thankj you so much for your time. we
exporting deflation across the world wouldn t necessarily be a bad thing. what does it mean if central bankers are unwittingly hiking rates in the nearfuture into deflation? that is a problem. into deflation? that is a problem- into deflation? that is a roblem. ., , ., , problem. he that is a problem and that is problem. he that is a problem and that is why problem. he that is a problem and that is why i problem. he that is a problem and that is why i am problem. he that is a problem and that is why i am saying i problem. he that is a problem and that is why i am saying if. and that is why i am saying if china were to explore some deflation across the world, seeing prices going down in the us and europe, that will take some pressure off the central banks to hike rates more but i do not know if that is the main story here. i think the larger story here. i think the larger story is that we all know there is weakness in global manufacturing because everybody bought all the comput
can do is circumscribe by the fate of the sustainable planet. but i felt as a city kid growing up as i was in the 1950s, in london, that nonetheless we take a lot of our relation with the weather. [30 nonetheless we take a lot of our relation with the weather. do you think, given relation with the weather. do you think, given what relation with the weather. do you think, given what we ve - relation with the weather. do you think, given what we ve been - relation with the weather. do you - think, given what we ve been through over the last few years, with a pandemic in the debate around vaccines in different parts of the world, that lessons have been learned? ., ~ world, that lessons have been learned? ., ~ ., , learned? no. i think actually the roblem learned? no. i think actually the problem is. learned? no. i think actually the problem is, and learned? no. i think actually the problem is, and this learned? no. i think actually the problem is, and this is learned? no. i t
herjib! so far, i quite like the cut of her ib! , ., , cut of her ib! listen. no, listen to what cut of herjib! listen. no, listen to what rishi cut of herjib! listen. no, listen to what rishi sunak cut of herjib! listen. no, listen to what rishi sunak said, - cut of herjib! listen. no, listen to what rishi sunak said, what i cut of herjib! listen. no, listen| to what rishi sunak said, what did he say? to what rishi sunak said, what did he say? going on about professionalism, integrity and accountability, which doesn t apply to his accountability, which doesn t apply to his own accountability, which doesn t apply to his own cabinet, this is ridiculous, preposterous. if that is what ridiculous, preposterous. if that is what the ridiculous, preposterous. if that is what the cabinet is about, they should what the cabinet is about, they should apply it to their own cabinet should apply it to their own cabinet. that is not one rule for one and cabinet. that is not one ru
bob posner, chief executive of the electoral commission from 2019 to 2022, is here. so, how did it go this time with photo id? it’s so, how did it go this time with hoto id? v . , so, how did it go this time with hoto id? , . , . ., so, how did it go this time with hoto id? , ., , . ., ., photo id? it s a big change to elections photo id? it s a big change to elections in photo id? it s a big change to elections in the photo id? it s a big change to elections in the uk, - photo id? it s a big change to elections in the uk, and - photo id? it s a big change to elections in the uk, and it. photo id? it s a big change to elections in the uk, and it is| elections in the uk, and it is first time round. it is really important to remember that elections are there for the benefit of voters, they are not all political parties, they are for the voter, everyone. when you see voters turned away, those are people, if they are eligible voters wanted to vote, it is always disappointing. we