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Currently Playing: What Will The World Look Like In 2050?

What will the world look like in 2050? Will the US remain the largest economy, or will China or India take the lead? Can AI solve the challenges posed by an ageing population? And will asset prices deliver the returns we expect? Hamish McRae, an economics columnist for The i and the Mail on Sunday, is the author of The World in 2050: How to Think About the Future. 📧 Get the free investing email we mention at the end: https://makingmoney.email/investing-hamish-video 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get 4.07% AER variable on your business savings. Use this link https://tide.co/offers/makingmoneyq1 or the code 'MAKINGMONEYQ1'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. New Tide members receive a 0.78% AER boost on the standard 3.29% on unlimited deposits until 01/06/25 after which the rate reverts to 3.29% and is only earned on balances up to £75,000. Rate correct as of 19/12/24. Full terms: tide.co/terms/makingmoneyq1-tnc. - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters 00:00 - Intro 00:39 - Importance of predictions 04:16 - China's future 09:00 - AI and the productivity crisis 16:43 - Tide ad 17:38 - Forces shaping the next 25 years 22:49 - The UK in 2025 32:24 - Rise of the Anglosphere 38:00 - Political shifts ahead 41:04 - Future of state pensions 44:19 - Global market outlook 47:04 - Investment strategies for the next 25 years 52:57 - Longer work lives? 57:13 - Risk of a Great Depression 01:01:06 - Optimism for the next 25 years? 01:06:52 - Sign up to our free newsletter