When markets meet geopolitics: an interview with Emad Mostaque

On September 2, 2015, PS21 interviewed Emad Mostaque, strategist at Ecstrat, on the implication of the stock market crisis in China and Greece’s sovereign debt crisis on the global economy. In the video above, Mostaque looks at the role of national and global monetary institutions and the levers emerging markets.

The structural factors that have contributed to both the Greek and the Chinese crises have been brewing for a while, but one of the key things is that they’ve effectively come to the end of their rope in many ways. Greece came to a point whereby it basically needed a bailout. In China’s case, it basically came to the point whereby the government can no longer refinance its economy through the stock market.

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