china competition

Despite Mexico's strategic advantages and booming manufacturing sector due to global trade shifts, they haven't taken opportunities to replace China as a major manufacturer for the US. What factors stifle Mexico's growth and are there drawbacks to its proximity to the US?

It’s January 31st. You’re listening to the President’s Daily Brief. Your morning intel starts now. ------ A good day to you, ladies and gentlemen. I’ve got two big briefs for you this morning that are shaping America — and the world. First, there is a fight tomorrow at the White House, with Republicans squaring off against Joe Biden over the debt ceiling. I’ll give you a brief to help you sort through the arguments you’re going to hear — and decide who’s right. Second, get those maps and passports ready because we’re launching a new segment today called Cold War TWO. And that series is going to be focused on the global fight between China and the United States, much as there was a fight between America and the Soviet Union in decades gone by. So for today’s first episode, we’re going to travel around the world to check in on who has more friends, us or Beijing. Plus, we’ll remind ourselves of why we should care about this global competition. Later, we close out the podcast with a study on human nature — something pretty important in global affairs, actually. We look specifically at when kids can first tell that adults are telling them a fib or giving them a lame excuse. ----- Please remember to subscribe if you enjoyed this episode of the President's Daily Brief. Email: PDB@TheFirstTV.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Stephen Schwarzman is the CEO and Co-Founder of Blackstone, one of the world's leading investment firms with over 530 billion dollars of assets under management. He is one of the most successful business leaders in history, all from humble beginnings back in Philly. I recommend his recent book called What It Takes that tells stories and lessons from this personal journey. Support this podcast by signing up with these sponsors: - ExpressVPN at https://www.expressvpn.com/lexpod - MasterClass: https://masterclass.com/lex EPISODE LINKS: What It Takes (book): https://amzn.to/2WX9cZu This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, Medium, or YouTube where you can watch the video versions of these conversations. If you enjoy the podcast, please rate it 5 stars on Apple Podcasts, follow on Spotify, or support it on Patreon. Here's the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time. OUTLINE: 00:00 - Introduction 04:17 - Going big in business 07:34 - How to recognize an opportunity 16:00 - Solving problems that people have 25:26 - Philanthropy 32:51 - Hope for the new College of Computing at MIT 37:32 - Unintended consequences of technological innovation 42:24 - Education systems in China and United States 50:22 - American AI Initiative 59:53 - Starting a business is a rough ride 1:04:26 - Love and family