He is such a ray of sunshine coming into the dark political world that we have in Canada now. He can become Captain Canada against the Conservatives who cannot wait to cut every liberal policy that they can find, and the MAGA neighbors who want to cut us at the knees with their tariffs. Welcome Mark!
Same here! I’m reconsidering now that Carny is in. The last time we voted for a handsome young candidate with no leadership experience, well, we know how that turned out.
What a joy to listen to an intelligent, rational analysis of the traumas of the last 15 years in the UK! It is in such sharp contrast to the lies, hyperbole and empty promises we are constantly subjected to. More like this, please 🙏
I love it when a smart, knowledgeable, long-term & ‘Big’ thinker is also capable of clear, concise and directed teaching commentary. This was an excellent and interesting conversation. Thank you.
Gentlemen, as someone who has some understanding of this area (but not direct and not expert in any way), I just want to say thanks. This was bloody brilliant. When Gove said "I think the people of this country have had enough of experts", he said exactly the opposite of what most us here know. We can never have enough of experts. Each time I listen to your podcasts, you open another door.
@@AnDroid-vq5oo Yes. There are experts and there are experts....and those who have been proven correct since Brexit are surely experts. The BOE has no changed it's estimates of the cost of Brexit as they actually have happened.
He was criticising the smug London-bubble intelligentsia who have consistently been wrong about everything but who have consistently forced their opinions on the rest of us.
@@BossySwan Really, what have "they" been wrong about? I ask because 1) the experts in question came from the business community who were NOT based in London. 2) the BOE, who are experts in matters of national economics (macro economics) are now showing verified figures supporting their predictions. You threw out a load of slogan level rubbish and just proved your ignorance. Unlike the majority of this nation, you are still ready to be victim to 10 word slogans.
Thank you!... To both of you and Mr Carney, for being an oasis of sane, rational thought and discussion, in a polarized and sometimes toxic landscape, again thank you...
Well said. I just sent the podcast link to my daughter who did an MBA at City University. I remember passing the Bank of England when I travelled to her graduation ceremony at the Barbican. (From oop north!) I asked her if Mark Carney's ideas had permeated City University. She certainly speaks with echoes of his ideas.
Thank you Alistair, Rory and especially Mark. Great insights and great to know we have people like you Mark working on our behalf to drive the net zero transition 💚
Many lessons can be learned indeed. Grandpa Alistair doesn't have his own space and is being sent to his grandchild's bedroom where he gives the impression of being chased. Rory took better care of himself as Tories always do and managed to create a small but very pricy escape in London where he can spout his own thoughts comfortably and undisturbed in all peace and quietness. Ex banker Carney is clearly the winner here. He is the most polished of them all and acts untouchable while sitting on top of the world no matter what he does in life.
Much of this was above my head but the analysis and debate in such measured tones was a lesson for others to follow. Well done to all 3 of you. David McCabe dublin
I came here because Mark Carney is in the running to be the next leader of the Canadian Labour leader at this very serious time. But, and at the risk of appearing shallow, I truly want picture in my very small apt.
This is a great interview, it’s really interesting how you both unarm your guests and really allow the listener to get to know these people past the sound bites and opinion pieces we normally hear.
I love the trompe l'oeil painting of the extended hall behind Mark's back. It works quite well, and opens a relatively small space up to appear to be a large space, very well. It took me about 10 minutes to realize that it was only a painting.
Hi Lads , wonderful that you praised our hard labour & brilliant social policies of the last 40 years !! Boys from the Blackstuff was a huge inspiration to many of my generation who were born in the 60's !! Proinseas de Rossa was a more than capable minister of our rainbow coalition of the 90's which granted some cohesion during our single term of austerity !!
Hi all just come across this today. I really enjoyed the conversation and it was interesting to hear the former Governor of the Bank of England views on the 2008 financial crisis, covid and Brexit. Mark seems a good bloke. Here’s my take. 1) Financial crisis. No pay increase from 2008-2014, just managed to keep our heads above water with four small children. God knows how many men lost their jobs and left the construction Industry never to return. 2) Covid . Remember thinking sat in my garden for three months that this is going to hurt the taxpayer for a lot of years to come. 3) Brexit. My life hasn’t been made worse in any way. We all walk in different shoes.
Epic interview with no bs. If only Carney had become a politician 😢. Whoever else has had the honesty and experience to say to us all that our real income hasn't improved since 2007.
Rory and Alistair have a recurring theme, close to both their hearts. The theme of gifts and skills contributing to being an excellent commentator, are not invariably the ideal skills for a leader. I prefer to listen to commentators from the periphery and I'm bored by the yahboo language of political leadership. Anglican bishops sometimes became much more interesting, AFTER they had retired. Many bishops are nowadays brave enough to speak against ' party assumptions ', pre-retirement.
I'm late to this clearly but wow that was ace! I know very little about economics or central banking as I have no real exposure - but I enjoyed this. Mark is a really great speaker and he communicates big subjects really well. I would like for you to have him back if ever possible! Great show guys!
Thank you Mark Carney - yes we do want action on climate change. I have to say that I always thought investment bankers were the enemy. You have changed my view
Great discussion: Carney is very clear. The UK's falling/failing productivity topic wasn't drilled down far enough: the lack of investment is the macro reason, but what about at the individual level? Is our éducation system keeping up, for example ?
Congratulations on inviting such a great partner to exchange views with on such key issues. Having worked in banking for 38 years I still gained new insights. I've been a fan of his ever since I learned that he irritated Jacob Rees-Mogg. I remain a fan and after that podcast am an even greater fan! Well done and keep up the work of maintaining our sanity!
Guys - This interview just shows you how your background and presentation makes a difference to your credibility. Perception is 9/10ths of what we consider as reality.
Another great chat, many thanks to Mark for everything he and his team did when he was Governor BoE, and all the best for all the work to come with climate change, it's everyone's no.1 challenge. Cheers RichardM
What a fantastic interview! Very important for all of us to understand. Unfortunately I was waiting for what can be done to increase growth in the current circumstances.
Increasing overall investment and directing some investment away from real estate and financial securities (stock, bonds, those kind of things) into businesses that employ people and create stuff would likely improve productivity and therefore growth after a while. It also likely would reduce asset price inflation (the price of real estate, financial securities, etc.) as less of the money being created is being used to purchase houses and stocks, 26:45 explains how most of the money in the UK is created.
Thank you both for your podcast i'm hooked, some light in this dark uncertain times. It's depressing to think intelligent rational people/ thought is being frown upon.
Enjoyed listening to the breakdown, especially as someone who was only 10 when the financial crisis kicked off! The popular media around it, with films like the Big Short and Margin Call focus heavily on the US - so great to get a UK perspective!
Right or wrong these are very bright people and I'm inclined to believe them because they are coherent. It is encouraging that there are people like Mark around and disheartening that they are not in power. A wonderful talk, thank you.
This has been brilliant, both on the history and understanding. But also on the positive side of action on climate change. Where the money is spent is the direction we go. It's good to know the money is going in the right direction.
Shared to Facebook. I've understood things I never had. I wish I'd had access to a lecture like this is sixth-form as I was becoming a voter a decade ago.
I couldn’t have turned off the interview! Mark Carney was very engaging, able to explain complex issues in a straight forward way …. and such a beautiful smile!
My algorithm led me back your channel and luckily to this talk. Mr. Carney’s work underpins my MBA thesis in Sustainable Finance and my subsequent work with Cambridge’s CISL. His knowledge and insights give me hope for his potential run here in Canada in January 2025.
Superb.... encouraging intellect at last. I do however think that there's a mental health crisis lurking deep down impacting productivity. Almost a crisis of confidence in ourselves...
An excellent interview, felt like I was back in my uni Economics lectures when he was explaining Money Supply qnd the role of the Central Bank - should be required listening for all voters
What a great interview with Mark Carney, I have long admired his measured and clear thinking analysis. He was right on the money ( pun intended) about Brexit. His insight and experience give him few equals in his peer group.
Interesting interview. I appreciate Mark's comments on the progress made in investments in green energy, and the importance of encouraging this as part of the solution.
This is the type of information that would be amazing to condense somehow and put it out on the BBC so the general public understand how their vote matters!
Discussions like this are invaluable, thank you. I feel less and less educated when it comes to understanding what is going on because the flow of information is so untrustworthy from incumbent politicians who we so often depend upon to be intelligent and honest. Something Rory said in interview many years ago to James o'Brien was that politicians don't have time to sit down and think. So in my view it turns into a divisive landscape of politicians not saying anything (avoiding questions because they aren't confident in their knowledge and judgement to defend a popularist witch-hunt) and others being radical with unrealistic, ideological and extremist contributions.
A fascinating discussion with the three very clever men thank you so much . Rory i have to say you would make an excellent prime minister and boy does our country need someone we could trust and respect ! Most of Tory and Labour MPs have lost all credibility i will not vote for any of them . Posted by Ian Parkins
I learned so much from this. I especially liked his point that to get people to buy in to the difficulty of combatting climate change, it was important to reach them with something tangible like heat pumps.
Great interview, but I would like to have heard what Carney thought about financial inequality and the fact that some people benefitted from, or at least in spite of, the financial crash and Brexit - the fact that we are _not_ all in it together. Intensely relaxed or troubled?
Time to rewatch this as a Canadian who may see Mr. Carney throw his hat into the ring for the upcoming election.
He is such a ray of sunshine coming into the dark political world that we have in Canada now. He can become Captain Canada against the Conservatives who cannot wait to cut every liberal policy that they can find, and the MAGA neighbors who want to cut us at the knees with their tariffs. Welcome Mark!
Yup I'm here doing my research!!!
I'm here doing the same thing!
Same here! I’m reconsidering now that Carny is in. The last time we voted for a handsome young candidate with no leadership experience, well, we know how that turned out.
What a joy to listen to an intelligent, rational analysis of the traumas of the last 15 years in the UK! It is in such sharp contrast to the lies, hyperbole and empty promises we are constantly subjected to. More like this, please 🙏
Fully agree.
Seconded.
I wonder whether they can get that scoundrel Lachlan Murdoch to appear on their show?
You know he a WEF right ? He is the carbon Mark !
Great show and interview. Fingers crossed he wins as the next leader of the Canadian Liberal party.
I love it when a smart, knowledgeable, long-term & ‘Big’ thinker is also capable of clear, concise and directed teaching commentary. This was an excellent and interesting conversation. Thank you.
The content and discussion of this podcast is second to none . Thanks gentlemen
Canada really needs Mark Carney .
Gentlemen, as someone who has some understanding of this area (but not direct and not expert in any way), I just want to say thanks. This was bloody brilliant. When Gove said "I think the people of this country have had enough of experts", he said exactly the opposite of what most us here know. We can never have enough of experts. Each time I listen to your podcasts, you open another door.
Exactly so.
Yes, but then there are experts, and then there are experts!
@@AnDroid-vq5oo Yes. There are experts and there are experts....and those who have been proven correct since Brexit are surely experts. The BOE has no changed it's estimates of the cost of Brexit as they actually have happened.
He was criticising the smug London-bubble intelligentsia who have consistently been wrong about everything but who have consistently forced their opinions on the rest of us.
@@BossySwan Really, what have "they" been wrong about? I ask because 1) the experts in question came from the business community who were NOT based in London. 2) the BOE, who are experts in matters of national economics (macro economics) are now showing verified figures supporting their predictions.
You threw out a load of slogan level rubbish and just proved your ignorance. Unlike the majority of this nation, you are still ready to be victim to 10 word slogans.
Thank you!... To both of you and Mr Carney, for being an oasis of sane, rational thought and discussion, in a polarized and sometimes toxic landscape, again thank you...
Brilliance and sanity. Canada needs you Mark Carney
Nope !
Feels like this should be on the “everyone should listen to this curriculum!” Outstanding, thank you All.
Well said. I just sent the podcast link to my daughter who did an MBA at City University. I remember passing the Bank of England when I travelled to her graduation ceremony at the Barbican. (From oop north!) I asked her if Mark Carney's ideas had permeated City University. She certainly speaks with echoes of his ideas.
Good job. Way to go mr. Carney.
Thank you Alistair, Rory and especially Mark. Great insights and great to know we have people like you Mark working on our behalf to drive the net zero transition 💚
Thanks David Cameron for the referendum! Appreciate you knackering the economy! Great legacy.
living for the changing backgrounds in each of the episodes, tells you a lot about everyone
Love to painting behind Mark, works really well as a background.
Many lessons can be learned indeed. Grandpa Alistair doesn't have his own space and is being sent to his grandchild's bedroom where he gives the impression of being chased. Rory took better care of himself as Tories always do and managed to create a small but very pricy escape in London where he can spout his own thoughts comfortably and undisturbed in all peace and quietness. Ex banker Carney is clearly the winner here. He is the most polished of them all and acts untouchable while sitting on top of the world no matter what he does in life.
@@QuaintQuipsterI like it to:would you know the artist or name of the picture, please?
I really enjoyed listening to this very clear and intelligent man
Much of this was above my head but the analysis and debate in such measured tones was a lesson for others to follow. Well done to all 3 of you. David McCabe dublin
That painting behind Mark is stunning
I came here because Mark Carney is in the running to be the next leader of the Canadian Labour leader at this very serious time. But, and at the risk of appearing shallow, I truly want picture in my very small apt.
One of the best interviews I've heard in a decade. Well done.
I found this facinating. I would happily hear more from this guest.
This should be required viewing. Superb
please never stop doing this, it helps more (and is helpful to more) than you'll ever know. thank you 🙏🙏🙏 (and greetings from vienna)
This is a great interview, it’s really interesting how you both unarm your guests and really allow the listener to get to know these people past the sound bites and opinion pieces we normally hear.
What a guy! We need more like that and certainly in the politics of the UK. Thanks to you both for getting him on your podcast.
Based on this conversation in my opinion Mark Carney can indeed make the transition to successful leader of Canada! My best wishes to him!
I love the trompe l'oeil painting of the extended hall behind Mark's back. It works quite well, and opens a relatively small space up to appear to be a large space, very well. It took me about 10 minutes to realize that it was only a painting.
Fabulous. Thanks. Carney is formidable
Keep up the awesome work gentleman. This is the best thing since the internet.
Superb interview - absolutely loved it. Well done to all.
Amazing interview, so insightful. Thank you Rory and Alastair! You are educating the masses in a calm and generous way. Keep it up!
Keep up the good work guys. Loving the content.
The UK was Very lucky to have this guy in BoE at such a Time in Our history. Thank you Mark 👍
The guy who tried to keep the ship afloat while the government were drilling holes in the hull.
Hi Lads , wonderful that you praised our hard labour & brilliant social policies of the last 40 years !! Boys from the Blackstuff was a huge inspiration to many of my generation who were born in the 60's !! Proinseas de Rossa was a more than capable minister of our rainbow coalition of the 90's which granted some cohesion during our single term of austerity !!
Hi all just come across this today. I really enjoyed the conversation and it was interesting to hear the former Governor of the Bank of England views on the 2008 financial crisis, covid and Brexit. Mark seems a good bloke. Here’s my take.
1) Financial crisis. No pay increase from 2008-2014, just managed to keep our heads above water with four small children. God knows how many men lost their jobs and left the construction Industry never to return.
2) Covid . Remember thinking sat in my garden for three months that this is going to hurt the taxpayer for a lot of years to come.
3) Brexit. My life hasn’t been made worse in any way.
We all walk in different shoes.
26:37 I just want to say thank you to Mark for explaining this, it's great when an expert can clearly and concisely explain very complicated issues.
How refreshing to hear such an objective account on all these economic events. Project Fear wasn't a lie, just delayed and now arriving in the post.
That's as good as a conversation I've listened to for quite some time. An excellent hour of my time. Thank you so much!
Very, very, impressive. I loved his explanation about markets based on markets,
Epic interview with no bs. If only Carney had become a politician 😢. Whoever else has had the honesty and experience to say to us all that our real income hasn't improved since 2007.
Rory and Alistair have a recurring theme, close to both their hearts. The theme of gifts and skills contributing to being an excellent commentator, are not invariably the ideal skills for a leader. I prefer to listen to commentators from the periphery and I'm bored by the yahboo language of political leadership. Anglican bishops sometimes became much more interesting, AFTER they had retired. Many bishops are nowadays brave enough to speak against ' party assumptions ', pre-retirement.
He still can potentially if Justin Trudeau loses in 2025 mark carney can run to be the next leader of the liberal party
I'm late to this clearly but wow that was ace!
I know very little about economics or central banking as I have no real exposure - but I enjoyed this.
Mark is a really great speaker and he communicates big subjects really well.
I would like for you to have him back if ever possible!
Great show guys!
Great podcast, thank you. Yes, please do bring Mark back for more chats.
Brilliant discussion. Informative and entertaining. 😊
Took me far too long to realize behind mark is a painting and not his beautifully grand tiled floor and blue arches
It took your comment to make me realise.
The beauty of _trompe l'oeil._ 😊
Trompe L’oeil 😊
Thank you Mark Carney - yes we do want action on climate change. I have to say that I always thought investment bankers were the enemy. You have changed my view
Great interview! Going into the details is what we're all here for
Excellent program! I’d love to hear more from Mark Carney .
Great discussion: Carney is very clear. The UK's falling/failing productivity topic wasn't drilled down far enough: the lack of investment is the macro reason, but what about at the individual level? Is our éducation system keeping up, for example ?
Good question
Good question.
Congratulations on inviting such a great partner to exchange views with on such key issues. Having worked in banking for 38 years I still gained new insights. I've been a fan of his ever since I learned that he irritated Jacob Rees-Mogg. I remain a fan and after that podcast am an even greater fan! Well done and keep up the work of maintaining our sanity!
One of the best of us, well interviewed.
? Are you real?
Thank you gentlemen for your informative episode.
Excellent podcast. Thank you.
Outstanding, brilliant. So good to be in the same virtual room with such a smart genuine positive and experienced person. Thanks!
Excellent amalysis. I didnt quite keep up with all of this but very interesting and ennoyable.
A really interesting conversation with a top guy. Thank you.
Guys - This interview just shows you how your background and presentation makes a difference to your credibility. Perception is 9/10ths of what we consider as reality.
Brilliant interview - great questions guys.
Love your podcast
Great listen!
Fantastic episode in in the explanations given.
Another great chat, many thanks to Mark for everything he and his team did when he was Governor BoE, and all the best for all the work to come with climate change, it's everyone's no.1 challenge. Cheers RichardM
What a fantastic interview! Very important for all of us to understand. Unfortunately I was waiting for what can be done to increase growth in the current circumstances.
Increasing overall investment and directing some investment away from real estate and financial securities (stock, bonds, those kind of things) into businesses that employ people and create stuff would likely improve productivity and therefore growth after a while.
It also likely would reduce asset price inflation (the price of real estate, financial securities, etc.) as less of the money being created is being used to purchase houses and stocks, 26:45 explains how most of the money in the UK is created.
Thank you both for your podcast i'm hooked, some light in this dark uncertain times. It's depressing to think intelligent rational people/ thought is being frown upon.
Amazing interview, a very measured man and a safe pair of hands. Gives me hope having Mark on the side of the climate 😊
An incredibly good interview, thank you Rory and Alistair
Enjoyed listening to the breakdown, especially as someone who was only 10 when the financial crisis kicked off!
The popular media around it, with films like the Big Short and Margin Call focus heavily on the US - so great to get a UK perspective!
Right or wrong these are very bright people and I'm inclined to believe them because they are coherent. It is encouraging that there are people like Mark around and disheartening that they are not in power. A wonderful talk, thank you.
The quality and content just gets better and better. Thank you, I'm learning so much
A seriously fascinating discussion of the 2008 nightmare from a perspective I've never heard.
Thanks guys!
This has been brilliant, both on the history and understanding. But also on the positive side of action on climate change. Where the money is spent is the direction we go. It's good to know the money is going in the right direction.
What an amazing "get," and all three together have made my Sunday afternoon. Hope to hear more from Mark Carney in future podcasts..
Shared to Facebook. I've understood things I never had. I wish I'd had access to a lecture like this is sixth-form as I was becoming a voter a decade ago.
One of the best and most informative podcasts/videos you've done. Thank you so much.
I couldn’t have turned off the interview! Mark Carney was very engaging, able to explain complex issues in a straight forward way …. and such a beautiful smile!
He's f*ucking brilliant. God I hope Canada doesn't fumble the bag here.
Thank you Mark Carney. Wish you were still at the Bank of England!
Incredibly insightful! Thanks
Fantastic. Charisma in bucket loads!❤
Absolutely brilliant podcast!!!!
You and Mark Carney kept me listening to the end. have him back!
So much love for Mark Marney, brilliant human being.
Thanks for the master class; it was just great.
My algorithm led me back your channel and luckily to this talk. Mr. Carney’s work underpins my MBA thesis in Sustainable Finance and my subsequent work with Cambridge’s CISL. His knowledge and insights give me hope for his potential run here in Canada in January 2025.
Superb.... encouraging intellect at last. I do however think that there's a mental health crisis lurking deep down impacting productivity. Almost a crisis of confidence in ourselves...
An excellent interview, felt like I was back in my uni Economics lectures when he was explaining Money Supply qnd the role of the Central Bank - should be required listening for all voters
In times of economic crisis, politicians should step aside and let these guys take charge
This was a great video to watch. Glad Mr. Campbell discovered Canada.
& Osbourne.
What a great interview with Mark Carney, I have long admired his measured and clear thinking analysis. He was right on the money ( pun intended) about Brexit. His insight and experience give him few equals in his peer group.
Interesting interview. I appreciate Mark's comments on the progress made in investments in green energy, and the importance of encouraging this as part of the solution.
Thanks for this podcast, really enlightening.
Excellent interview - thanks
Great show, highly informative, thanks🙏🏻
This is the type of information that would be amazing to condense somehow and put it out on the BBC so the general public understand how their vote matters!
Discussions like this are invaluable, thank you. I feel less and less educated when it comes to understanding what is going on because the flow of information is so untrustworthy from incumbent politicians who we so often depend upon to be intelligent and honest. Something Rory said in interview many years ago to James o'Brien was that politicians don't have time to sit down and think. So in my view it turns into a divisive landscape of politicians not saying anything (avoiding questions because they aren't confident in their knowledge and judgement to defend a popularist witch-hunt) and others being radical with unrealistic, ideological and extremist contributions.
Great podcast guys !
A fascinating discussion with the three very clever men thank you so much . Rory i have to say you would make an excellent prime minister and boy does our country need someone we could trust and respect ! Most of Tory and Labour MPs have lost all credibility i will not vote for any of them . Posted by Ian Parkins
I learned so much from this. I especially liked his point that to get people to buy in to the difficulty of combatting climate change, it was important to reach them with something tangible like heat pumps.
Are you in Canada? Heat pumps are not so great at minus 30
Excellent content guys best wishes.
Great interview, but I would like to have heard what Carney thought about financial inequality and the fact that some people benefitted from, or at least in spite of, the financial crash and Brexit - the fact that we are _not_ all in it together. Intensely relaxed or troubled?
Very good at explaining things, bring Mark Cagney back. Love this pod cast.
Bring Mark Carney back
In
You guys do the best interviews! 👏🏻👏🏻👏🏻
Excellent interview