Citi's Mann Says a Recession in Next Two Years Requires Some Shock

The video discusses the history and current state of globalization, highlighting the decline of peak globalization and its implications for global economies. It examines the roles of domestic policies and technological adjustments in addressing these changes. The potential for a recession is explored, emphasizing that while current trends erode productivity and consumer power, they may not trigger an immediate recession. The discussion underscores the importance of globalization for growth and the challenges posed by its decline.

What factors does the speaker mention that could lead to a recession?

In what ways does the speaker describe the erosion of productivity?