Episode 39
The G20 Is Over, Huawei Teardown Surprise, US Deficit Hits Silly Money
It’s often been accused of being a talking shop. But now, the G20 is looking increasingly like yesterday’s talking shop. With the Brics having stolen their thunder two weeks back, is this week’s G20 meeting about as relevant as an Eagles reunion tour?
The Chinese are being modest again. It took a teardown of the new Huawei phone to reveal the most alarming tech news of the year. The company has busted the chip sanctions, and successfully made their own 5G model. Say hello to the Kirin 9000.
Don’t you know there’s a war on? A shock report says that the US treasury is running a deficit as big as any in war time. Eight per cent of GDP. Two trillion dollars. But don’t worry - unemployment is the lowest since the 1960s. When none of the metrics make sense any more, is America entering its Brezhnev era?
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