Nouriel Roubini, Antara Haldar, Roger McNamee, and more in Behind the Headlines

Also featuring Minxin Pei, Bill Emmott, Joseph S. Nye, Jr., and more. [View this message in a web browser]( [PS Behind the Headlines]( DECEMBER 7, 2022 [The Unavoidable Crash]( [The Unavoidable Crash]( [Nouriel Roubini]( anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing. [China's Zero-COVID Muddle]( [China's Zero-COVID Muddle]( [Minxin Pei]( warns that the government's refusal to devise a comprehensive and systematic exit strategy could create the worst of two worlds. Judgment Day for Big Tech? Chaos at Twitter. Massive layoffs at Meta. Crypto-exchange bankruptcies. The tech industry increasingly appears to be in disarray. This week at PS, Antara Haldar, Bill Emmott, and Roger McNamee discuss the failures of tech companies and their leaders – and whether the sector is in for a reckoning. --------------------------------------------------------------- [Killing Twitter]( [Antara Haldar]( explains what Elon Musk fundamentally misunderstands about the platform – and about free speech. --------------------------------------------------------------- [The Napoleons of Big Tech]( [Bill Emmott]( sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough. --------------------------------------------------------------- [Disrupting the Disruptors]( [Roger McNamee]( considers what new economic conditions mean for an industry whose growth (and misbehavior) defined an era. [ Register now for our next event, Nature's Moment, streaming December 16 at 3 PM CET.]( [War Over Taiwan?]( [Joseph S. Nye, Jr.]( considers whether a deterrence arrangement that has worked for 50 years is still sufficient. [Crypto’s Well-Worn Path to Crisis]( [Xavier Vives]( writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago. [PS Big Picture: The Crypto Emperor’s New Clothes]( [The Crypto Emperor’s New Clothes]( [Harold James]( [Kenneth Rogoff]( [Peter Singer]( and more consider the likely impact of the FTX debacle. [Higher Immigration or Higher Interest Rates for America?]( [Ricardo Hausmann]( and [Dany Bahar]( explain why the persistence of Trump-era xenophobia among US policymakers could lead to economic stagnation. [Resentment on the Western Front]( [Sławomir Sierakowski]( thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals. [Subscribe to PS Digital Plus or PS Premium to secure your copy of PS Quarterly: The Year Ahead 2023.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.