2025-08-04
36 分钟This episode is brought to you by Avid Reader Press.
Legendary investor Ray Dalio's new book,
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Larry Summers says Dalio's brilliant, iconoclastic approach is an invaluable resource.
Hank Paulson says it provides a solution to what is the biggest and most certain threat to our prosperity.
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A meeting of global leaders in Seville in Spain at the beginning of July was never going to be that relaxing.
Not under a scorching Mediterranean sun and with Spain in the middle of a heat wave.
But meet they did for a once in a decade United nations conference on how to finance development.
It was a meeting to discuss some really ambitious reforms.
Everything from helping the world's poorest countries attract sustained foreign investment to creating fairer taxation systems.
But perhaps the most uncomfortable thing about the meeting was the backdrop against which it took place.
In Washington, Paris, London and Berlin,
rich country leaders are slashing aid, with President Trump leading the way.
Only one G7 leader, France's Emmanuel Macron, attended the event.
He and the Spanish Prime Minister addressed rooms with dozens of empty chairs.
Organisers initially said they expected 70 heads of state,
and that fell to 50 as the conference got underway.
Despite all that, an agreement was reached.