Its been around for a long time and computers didnt cause it. But when people die because of a tweet, there has to be a tech solution. Expanding the marketplace of ideas is all well and good to welcome you to brookings this morning. I see lots of old friends in the audience and its a pleasure to invite you to the event with randall schriver. Weve been fortunate to engage him over the past decade. While hes been serving in the Administration Since 2017, and, randy, thank you for your service to our country and the Important Role you play in this administration. Randall schriver was appointed as assistant secretary of defense on january 8, 2018. Previously having served as Deputy Assistant secretary for east asian and Pacific Affairs under which portfolio he covered, china, taiwan, hong kong, and australia, all the easy stuff. Earlier he held the role of chief of staff to the deputy secretary of state and also served as an active duty Naval Intelligence officer. Beyond his government car
Asia, that bears close watching. Business week has been writing about the debt pile up in china. Everybody has been watching this. China has been doing something to get rid of debt . Joel this is called the year of the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people. For years, people have been calling for, something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number of people actually pick up is 259 of gdp. What do you do about that . The message about deleveraging is what this will be all about. Julia still providing credit to companies that they are not concerned about, but they are also cracking down on big corporates that have been spending. Its not even called corporate. Its conglomerates. Is one thats making news now. Its going of
Carol we are here with the editorinchief of Bloomberg Businessweek joel weber. Lets start with remarks in asia, that bears close watching. Businessweek has been writing about the debt pile up in china. China has been doing something to get rid of that. Joel this is called the year the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people the further away you get from china, the more bearish you get on china, apparently, but for years, people have been calling for something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number people pick up on is 2. 5 gdp. What do you do about that . President xi this year will be about deleveraging, which is what this is about. Julia still providing credit to companies that they are not concerned about, but they
Businessweek joel weber. Lets start with remarks in asia, that bears close watching. Business week has been writing about the debt pile up in china. China has been doing something to get rid of that. Joel this is called the year the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people. The further away you get from more bearish you get on china, apparently, but for years, people have been calling for something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number people pick up on is 2. 5 gdp. What do you do about that . Xi this year will be about th deleveraging, which is what this is about. Julia still providing credit to companies that they are not concerned about, but they are also cracking down on big corporates that have been spending. Joe
Businessweek joel weber. Lets start with remarks in asia, that bears close watching. Businessweek has been writing about the debt pile up in china. China has been doing something to get rid of that. Joel this is called the year the dog. What we will be talking about is deleveraging. The debt pile up in china is enormous. Theres been a number of people the further away you get from china, the more bearish you get on china, apparently, but for years, people have been calling for something is going to give. It will be bad for the global economy. All eyes on this in general. Where our story picks up on that is talking about, the number is 30 trillion. Thats how much we are talking about here. Its massive. The number people pick up on is 2. 5 gdp. What do you do about that . President xi this year will be about deleveraging, which is what this is about. Julia still providing credit to companies that they are not concerned about, but they are also cracking down on big corporates that have be