What's the Biggest Economic Peril? It Depends on Where You Live

We may live in a global economy, but beyond the war in Ukraine, what's front-of-mind for policymakers in the U.S., Europe and China is very different. For China it’s Covid-19; for Europe, it’s the price of energy; and for the U.S., it's inflation.  In the first episode of the new season, Stephanie Flanders takes us on a tour of the world economy, opening a window on the top concerns in all three regions. Bloomberg Chief Economist Tom Orlik reveals what’s behind his growth forecasts and how geopolitical tensions may affect globalization. Senior Reporter Shawn Donnan visits Indiana, where the red hot jobs market has laid bare the reality of finding workers for U.S. factories, and the perks needed to get them in the door. In Europe, reporters Carolynn Look and Jana Randow explore how Russia's invasion is overturning long-held views on both economic and foreign policy. And finally, Chief Asia Economics Correspondent Enda Curran turns his gaze to his long-time home of Hong Kong, and questions its future path amid increasingly aggressive interventions by Beijing.  See omnystudio.com/listener for privacy information.