Jeffrey Sachs

speaker
3,686 appearances 21 recordings 10 series first heard Oct 2024 last heard 2d ago

Jeffrey Sachs’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
5 · Sep OctJan 26AprJulnow

Recordings per month over the last 12 months — 15 in all, peaking in Sep 2026 with 5.

Appearances

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But the problem is that we're not in a stable situation where we can choose one or the other.
We're in an unstable situation.
As we speak, the world economy is reeling.
It's reeling because, as everybody has learned in their geography in the last few weeks, the Strait of Hormuz is closed.
As long as it's closed, it means that there's a worldwide economic crisis building.
So time is not permissive right now.
We can't say, well, we'll decide in another month.
We'll see how things go.
We'll negotiate and see what happens.
Right now, there is an ongoing, building, global, serious economic crisis.
And that is because a narrow stretch of water through which comes an enormous amount
extremely important strategic flow of resources, oil and gas, obviously, but also fertilizers and petrochemicals and many, many other key commodities, aluminum and others, is closed.
To simply open it is fine.
That's basically what the off-ramp would allow.
It would be the right answer.
It would not solve...
any of the underlying issues that led to this, and it would not solve any of the stated objectives of the United States, much less Israel.
I don't believe those objectives were valid, and therefore I don't think that they should be the basis of a decision to take or to not take that exit ramp.
But the point is, there's a way...
out of this thing that would avoid the escalation to something quite different.
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