The ARCC Report

Inequality And The Next Normal

July 01, 2020 Eric Tao Season 1 Episode 2
The ARCC Report
Inequality And The Next Normal
Show Notes Chapter Markers

In today's conversation with the International Blockchain Monetary Reserve's Managing Director Sinjin David Jung and with IBMR's Head of Research, Cyrus Afkhami, we discuss inequality in both emerging and developed countries and what we might expect from the next normal that arises out of the COVID-19 pandemic. Ever the academic, Cyrus takes a historical view on the current situation and looks at how past events throughout Anglo American history have ended up changing society, unequivocally. We discuss what to expect in both the United States and in emerging markets once the quarantine is lifted and life begins to return to normal and how the situation in emerging markets may be totally different than from what happens in developed countries. And finally, thankfully, we end on a bit of an optimistic note where Sinjin discusses possible alternatives to the status quo and how emerging markets and specifically the urban working poor can be empowered through decentralization. 

All this and more on this episode of The ARCC Report!

History as a series of cycles
The pandemic is actually increasing inequality within developed countries
And then what happens in emerging markets?
What is the next normal and how does the world rebuild?
Recap