What Will The World Look Like In 2050?

What will the world look like in 2050? Will the US remain the largest economy, or will China or India take the lead? Can AI solve the challenges posed by an ageing population? And will asset prices deliver the returns we expect? Hamish McRae, an economics columnist for The i and the Mail on Sunday, is the author of The World in 2050: How to Think About the Future.

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Chapters

00:00 - Intro
00:39 - Importance of predictions
04:16 - China's future
09:00 - AI and the productivity crisis
16:43 - Tide ad
17:38 - Forces shaping the next 25 years
22:49 - The UK in 2025
32:24 - Rise of the Anglosphere
38:00 - Political shifts ahead
41:04 - Future of state pensions
44:19 - Global market outlook
47:04 - Investment strategies for the next 25 years
52:57 - Longer work lives?
57:13 - Risk of a Great Depression
01:01:06 - Optimism for the next 25 years?
01:06:52 - Sign up to our free newsletter

[angry-prol]

Economics aside, this guy is a great example of someone who continues to use their brain actively into older age and how this knocks on to physical health and longevity. I wish my grandparents were like him in their 80s

[nathananscombe]

Amazing episode. Love the mix of guests you're getting. I could have listened to the conversation all day.

[anthonyuzum]

“You are buying 10 apples for the price of 6” is probably one of the best ways to explain the 40% tax relief on pension savings for higher rate tax payers.

[shadeofheresy]

Love this guy, just very intelligent and switched on in all sorts of areas. Very interesting.

[joshyt]

One of the only podcasts I enjoy watching all the way through, very interesting guests :)

[Banthah]

What a great guest.
I actually thought it was Nick Hewer, he even sounds like him

[SteveJacobs-lj]

Fascinating subject, superb guest, more like this please.

[manishrana]

One of the most interesting podcasts..I wish it was longer

[ewanpettman]

If you want a guest who thinks index funds are a terrible idea, get in touch with Sean Peche at Ranmore Fund Management and if he agrees to do the show then you'll be in for an interesting battle

[What-if-I-am-wrong]

Not sure how government can be efficient at not letting people to retire. By not releasing state pensions up until retirement age? Those who heavily rely on it, working class, who left their health in factories and warehouses and nurses probably the category. Those who are well educated, who achieved a decent income during their career and have private pension and investments some sorts will not be affected by much.

[holisticallyme]

Oh, the Irish accent! Amazing to the ears 😊 Is that only my impression or Damian doesn’t seem convinced ….#intriguing

[stuntmansynyster]

No one's got an issue with talented people coming here to work hard!! It's the other lot we've got a huge issue with

[davidbutlin]

What I took from this was wondering if i should delete my 5% europe ETF and put it into emerging markets to make it 15%

[kaliban]

I thought it was Nick from the Apprentice

[badgasaurus]

40:50 the system is money rises to the top and stays there, I wouldn't say the system is working

[johnstewart]

Dr Wolff is much more accurate ! He’s gold standard!

[shazrahman]

Was climate change mentioned? Humanity will have to adapt to a rapidly changing climate. For example will LA be uninhabitable by then?

[johnristheanswer]

Re Goldman"s predictions for the next decade. ALL predictions for 2024 were negative / level at best with a recession thrown in on top. Look what happened. Goldman simply don't know what will happen. Ignore the noise.

[lawrencehooper]

Haven't watched it yet but you already have my "like"

[shocka]

Well yeah, USA growth only coming from taking from others, Pana Canal, Canada, Greenland, seas etc 😅