Jeffrey Sachs
speaker
2,211 appearances
16 recordings
9 series
first heard Oct 2024
last heard 4 Sep
Jeffrey Sachs’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 11 in all, peaking in Aug 2026 with 2.
Appearances
I described, which is the uh gap between our perception of unipolarity and the reality of the world, and that it actually fuels the financial bubble that we're in as well.
voice-verified
So it's not just that US interest rates are rising, but as you know, our stock market valuations are at astounding high levels.
voice-verified
Uh and this can be measured in many, many ways.
voice-verified
Two of the uh most uh uh standard ways of measuring this anomaly are the value of US uh equities relative to US GDP, and that's now two point four times US GDP.
voice-verified
This is a historic high.
voice-verified
So that's called the buffet ratio.
voice-verified
And the other is the price earnings.
voice-verified
Ratio, especially the so-called Schiller cyclically adjusted price earnings ratio.
voice-verified
This is also at an all-time high.
voice-verified
So you say, well, is that a bubble or not?
voice-verified
Uh one side says, no, it's not a bubble.
voice-verified
We have the magnificent seven AI companies.
voice-verified
They have the greatest technology in the world.
voice-verified
They're going to capitalize this a trillion times.
voice-verified
And that's why
voice-verified
Uh, we have this boom because it foresages uh the golden age ahead.
voice-verified
The other side says, come on, we've been through the dot-coms, we've been through uh so many other uh uh tulip manias like this in the past.
voice-verified
This is an exaggeration.
voice-verified
And my view is that is the correct view, and that it is related to the idea of the U.S.
voice-verified
Unipology.
voice-verified
Showing 1–20 of 2,211 · page 1 of 111
Next →