Rethinking Economic Measures and Global Trade Dynamics

Explore the limitations of GDP and the rise of alternative economic metrics that prioritize well-being and sustainability. Delve into the intersection of economics and security reshaping global trade, and the implications of UK wage growth on monetary policy. Plus, discover how China's DeepSeek is revolutionizing the economics of AI, challenging global tech paradigms.

Sources:
https://timesofindia.indiatimes.com/blogs/adi-bytes/a-world-without-gdp-rethinking-economic-progress/
https://www.cfr.org/article/rise-economic-security
https://finance.yahoo.com/news/uk-wage-growth-hits-six-070612168.html
https://www.forexlive.com/news/chinas-deepseek-may-have-just-upended-the-economics-of-ai-20250121/

Outline:
(00:00:00) Introduction
(00:00:39) A world without GDP: Rethinking economic progress!
(00:03:25) The Rise of Economic Security
(00:07:01) UK Wage Growth Hits Six-Month High Ahead of Crunch BOE Meeting
(00:10:15) China's DeepSeek may have just upended the economics of AI