Nouriel Roubini
π€ SpeakerAppearances Over Time
Podcast Appearances
of tsmc going there initially for a few months now they'll have to be there for a few years so you need a more intelligent immigration policy with more h-1b visas so that skilled workers can work in the united states but even if we had net migration that was close to zero i think the increases in productivity growth driven by the clouds of the future and ai is one of the 15 of them everybody's obsessed with ai is just one piece of the story there are 15 other sectors
where there is a productivity growth because of technology of the future.
So that's going to lead to an increase in productivity growth, regardless of job creation.
That's why there is a gap between GDP and jobs, because there is a boom in productivity growth.
So that's what's already happening.
We don't have the workers.
We are cutting back on net migration.
We are deporting people.
And growth is actually accelerating rather than decelerating.
You know, I think that Trump is going to be more a temporary exception rather than a radical change of the U.S.
Yes, there is a little bit more populism because there are plenty of people left behind.
Some of them vote for the progressives.
Some of them vote MAGA.
But there will be this strong increase in growth.
I think that after the midterm election, if they...
GOP loses the House, Trump is gonna be a lame duck.
Anybody from J.D.
Vance to Marco Rubio to a bunch of others are gonna say, I want to run.
Great job, President, for two terms.
Even the Supreme Court is not gonna allow him to run for a third term.