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Transcripts For CNNW Fareed 20240706

this is gps , the global public square. welcome to all of you in the united states and around the world. i m fareed zakaria coming to you from new york. today on the program, what is happening inside putin s russia? is he losing his grip on power? is he at odds with his own commanders? and how might his forces fair against the up coming counter offensive. we ll get inside from julia yoif and andrei soldatov. and since china opened up its economy in 1978, it has averaged almost 10% growth a year. but are we now at peak china? the economy ims keyu jin weighs in. also, has humanity gotten, well, dumber, thanks to the supercomputers in our pockets that could tell us everything that we need to know in an instant. i ll talk to the author simon winchester about the past, present and future of knowledge. but first, here is my take. america s debt ceiling crisis once again provoked the usual commentary about how it shows the country s basically dysfunctional. but the truth is t

Transcripts for CNN Fareed Zakaria GPS 20240604 14:05:00

operate in the open global finance system that will will trigger massive outflows of funds as people seek to move their money to safer havens. and despite it, the dollar is the global reserve currency as the ifm manager recently said which gives america a financial superpower. it is one i worry we are misusing which will trigger more efforts to replace it but there is no denying that the dollar reigns supreme. in recent years it has been america s rise as an energy power house because of fracking and natural gas. we are the largest producer of liquid hydrocarbons and as notes, america s ability to ship liquified natural gas has made it able to provide or cut off energies to countries around the world. add to these traditional energy sources the dramatic ramp up of green energy thanks to the vast tax credits in the inflation

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