Podzept is a podcast, which addresses the fundamental issues driving the world of economics and finance: it provides a platform for Deutsche Bank analysts to share their findings with clients and the wider world. Behind the Headlines: In-depth conversations with decision makers. Jim Reid digs deep for insights.
Election could bring sweeping changes to the economic outlook
The 2020 election is now less than a week away. While all elections have implications for the economic outlook, the two candidates for this year’s contest have historically divergent views on essentially all important aspects of economic policy. In this podcast, we consider the implications for the economic outlook of the possible combinations of president and Senate.
America's Racial Gap & Big Tech's Closing Window
The exponential growth of the digital economy is going to leave large chunks of minorities with little or no access to jobs. We conduct a bottom up societal study and it shows that 76% of Blacks and 62% of Hispanics could get shut out or be under-prepared for 86% of jobs in the US by 2045. If this digital racial gap is not addressed, in one generation alone, digitization could render the country’s minorities into an unemployment abyss.
BtH 2: Henrik Hänche, Deutsche Post DHL Group - From globalisation to low interest rates
Henrik and Jim discuss a wide range of issues, from globalisation to low interest rates, and then point out some of the nuances of working from home since the pandemic, and how communication within the business is vitally important now more than ever.
BtH 1: Stefan Scholz, Continental AG - WfH to Tesla to ESG
Stefan and Jim discuss how Continental has been impacted by COVID 19; within the organisation and with external stakeholders across themes like working from home, where the company is now with ESG – the hottest topic pre pandemic ESG – supply chain issues, the relationship between the US and China and how is Tesla disrupting the market.
Intergenerational Conflict: The Next Dividing Line
The widening generational divide should be a key source of alarm for investors, financial markets and society as a whole. Young people perceive themselves as the losers on issues ranging from housing to climate change to student debt. In turn, this anger is manifesting itself into political outcomes, with elections around the world increasingly fought along generational lines.
How the virus could reduce inequality
As long as they are covered by salary protection schemes, those on low incomes have seen their paycheque relatively more insulated than those on higher incomes. Other redistributionist measures also mean the rich are likely to face a higher burden, thus reducing inequality.