The Week Unwrapped: #PakistanToo, Jack Ma and printing money
How is the Me Too movement evolving as it spreads? Why is China going after its best-known businessman? And what are the consequences of quantitative easing?
Olly Mann and The Week delve behind the headlines and debate what really matters from the past seven days.
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In this week’s episode, we discuss:
This week marks the anniversary of the disgraced film mogul Harvey Weinstein being found guilty of various rape and sexual assault charges, arguably the culmination of the Me Too movement. Do we still need Me Too? What will its legacy be? And what is the situation elsewhere in other countries?
Hong Kong and Jack Ma
As the US focused on its own political unrest and Europe is struggled with coronavirus, the Chinese government arrested 53 pro-democracy campaigners in Hong Kong and accused them of plotting to overthrow the government. Critics of Beijing say the move ends any pretense toward respect for democracy in the territory.
Big investors increasingly believe that the Bank of England is printing money to make it easier for the government to spend on coronavirus relief measures. That might seem quite obvious, but it’s not really what’s meant to happen. The Bank is supposed to be neutrally targeting inflation, not making it easier for the government to spend money. Does the fig leaf matter?