Episode 139 of Down to Business podcast
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This week, Stephen Poloz, who spent seven years as the Bank of Canada governor before stepping down in July 2020, released a new book, “The Next Age of Uncertainty: How the world can adapt to a riskier future.”
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On Down to business, Poloz, now a special advisor at the law firm Osler, Hoskin & Harcourt LLP and a corporate director, explains why he thinks volatility is trending up for the next decade, and why politicians may be ill-equipped to handle the challenges that lie ahead.
He identifies five “tectonic” forces — an aging population, technological progress, rising inequality, rising debt and climate change — that are going to interact under the surface and create new crises for at least a decade.
We talked about how this will work, the energy transition, inflation, rising interest rates, why he thinks employees will gain an edge over employers, and much more.
Listen on Apple Podcasts, Spotify, Stitcher and YouTube where you can also subscribe to get new episodes every Wednesday morning.
If you have any questions about the show, or if there are topics you want us to tackle, email us: [email protected].
• Email: [email protected] | Twitter: GabeFriedz
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