What is your thinking here because the terrain is changed a lot and even if one things start opening up a lot of people are very hesitant to spend because no one knows what the recovery is going to look like its kind of a selfreferential issue go ahead yes i think theres also no agreement as to what indicators important to look at. And term and whether this is going to be an l. D. R. You there are folks who point to the stock market. And they basically say oh you know since its rocketing that means that things are looking up well in polls dont realize that the Financial Markets now are very much decoupled from the real economy because. We know that as more money gets invest in it in various corporations that means it is going to be. Fewer people actually going to get employed because these investments are going into technology into robotics and Artificial Intelligence and so yes maybe individual corporations might do better coming out of this crisis but for the average person theyre go
Will come to the hearing to have differences with. I think that will make up the American Public on the reliance of supply chain of Critical Materials do you consider that our response to the decision to allow huawai with a 5g network that theri government decision crosses the alliance. And with and this specifically looking at cyberattacks. We are divided into two parts really want to be dependent on the Chinese Government when everything goes wrong my argument is probab that the same and then Brigadier General problem that you have another democracies is that intense would join us for part number interest in the telecom two. Thank you very much for your time today your ex military the house of representatives before being elected senator industry dont want to see change and quite frankly they but the commentator on Us Foreign Affairs and are not capable to deploy that particularly the us and china urelationship and you and i have known each other for many type of network that we try
The Global Economy im joined now by u. S. And lee in new york she is author of well chinas economy collapse and what the u. S. Can learn from china and in ankara we prostitute. Learned he is a professor of econometrics as well as the president of the foundation for International Economic research and. Roles in effect i mean you can jump in anytime you want and i always appreciate it once youre going to annan in new york as i said in my introduction and it appears that the pandemic is receding and globally although individual countries still have some most serious issues but now is coming in the next phase of this crisis and figuring out the damage that has been incurred and how to move forward and you know in preparing for this program there are all wild estimations out there. You know b l the you all of that. There seems to be no consensus though there seems to be it seems to be politically driven depending on how much you won one letter of the 3 here what is your thinking here becaus
House of representatives before being elected senator. You are a regular, to use for the first and particularly on the u. S. And china relationship. For transparency, you and i have done each other for many, many years. I think prior to you entering politics so thank you very much indeed for your time today. Can i just say on a wider note we are very conscious that we meet during a challenging time for the u. S. Following the tragic death of george floyd. Our thoughts are very much with those impacted by this tragedy. The u. S. Is not alone in needing to do more to tackle the underlying issues but our thoughts and prayers are very much with those who are directly affected. Could i invite you to say a few words as an opening statement, then well move into questions. Thank you very much indeed. Thank you, mr. Chair and thank you for this kind words about some of the strife on our streets today. Of course we all want justice for george floyd and we are all deeply disturbed by that horrifi
Rostock in the Global Economy im joined now by u. S. And lee in new york she is author of well chinas economy collapse and what the u. S. Can learn from china and in ankara we crossed the road. He is a professor of econometrics as well as the president of the foundation for International Economic research and. Crossed out rules in effect that means you can jump in anytime you want and i always appreciate what youre going to and in new york as i said in my introduction and it appears that the pandemic is receding and globally although individual countries still have some serious issues but now is coming in the next phase of this crisis and figuring out the damage that has been incurred and how to move forward and you know in preparing for this program there are all wild estimations out there you know the elbe the you all of that. There seems to be no consensus so there seems to be. It seems to be politically driven depending on how much you cut it 11 letter 3 here what is your thinking