What Are The Biggest Threats To Economic Stability: Jeffrey Sachs

Companies' bottom lines will be affected by geopolitical tensions, and inadequate planning for climate change says Jeffrey Sachs, economist professor at Columbia University. In this episode of The Bottom Line, Professor Sachs explains why productivity measurements are wrong and why a recession may be imminent.

Chapters:
00:00 — Introduction
00:19 — Geopolitics
01:15 — Productivity
02:20 — Artificial intelligence
04:57 — Recession
06:55 — Inflation
07:50 — Climate change
10:10 — Immigration
11:48 — Will the U.S. remain on top?

Produced, Shot and Edited by: Mark Licea
Supervising Producer: Lindsey Jacobson

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What Are The Biggest Threats To Economic Stability: Jeffrey Sachs

[Daswars]

Im honestly impressed by how intelligent Sachs mind is, and how true and rich the answers are. This is powerful stuff. Big respect.

[whitemoon]

Jeffery Sachs is the best and most reasonable think thank out there. Wish we had more of him the US political arena.

[bibliophileanki]

Simply amazing guest. Super fluid thought process and well articulated all the points touched with lucid elaboration on critical issues like climate change, global money supply its impact and how can government act to resolve ongoing issues. He has definitely given a food for thought for the policy makers. Much respect!

[pierrelouis]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[TheLabecki]

I am surprised NBC will still talk to Jeffery Sachs, given his strong criticisms of US foreign policy.

[Riggsnic_co]

With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

[Erikkurilla]

I wonder if individuals who went through the 2008 financial crisis had a relatively less challenging experience compared to what I am currently facing. The current market conditions are causing significant distress for me. Specifically, my portfolio has suffered a loss of over $27, 000 in just this month, and my profits are diminishing. This situation is raising concerns about the potential impact on my retirement plans, as I am unable to increase my stagnant reserves.

[djp]

Biggest threat is greed and allowing corporations and real estate investors to buy up all the single family homes. Heads will roll.

[mustg]

Jeffrey always grateful analysis thank you 👍

[kristabluesmith]

Thank god some main stream news sources are featuring voices of reason.

[patrickrealestate-]

Finally a major platform gives Jeffrey Sachs a platform to speak truth.

[rayzerot]

The biggest threat to economic stability is the economic system we've chosen. "Endless growth" is guaranteed to fail and is therefore inherently unstable

[MegaPapa]

Always good and honest answers. Very direct, and no B.S. He is really good.

[noelvinpaulino]

Waoo thank you cnbc, this is so educational, i learned a lot just in 12 minutes

[ericchen-qosf]

Jeffrey Sachs is a good man with no bias.

[andresguraieb]

My respects to Jeffrey. What a great speaker and thought leader.

[Stephen-wedo]

I love how the interview jumps to the next question after Sacks says "make the wealthy pay more taxes.".

[clivematthews]

Very interesting insight, but I still say in terms of the war, there’s an aggressor and an occupied state we can’t just believe peace is easily achieved. The aggressor must thwarted

I do take into account that economic shocks are bad for the economy, but an unchecked aggressive military power is even worse for sovereignty.

Climate related economic shocks are the biggest issue, and will continue being, going forward

[marklavric]

I realy to see that such a wise Man would become a President of USA. Thank You so much for wise words and thoughts

[jakubageter]

To my understanding this just proves how much we need an edge as an investor because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market, what are your thoughts?!