Michael Pettis on What Evergrande Means for China’s Macro Economy
The implosion of Evergrande continues. And nobody knows exactly how the losses will be distributed. What will be the impact on creditors or people who have put down payments on homes that haven't been...
11 Loka 202151min
Introducing: Breakthrough
On Breakthrough, a new series from the Prognosis podcast, we explore how the pandemic is changing our understanding of healthcare and medicine. We start with an examination of long Covid, a mysterious...
8 Loka 20212min
Here Are the Biggest Problems Facing the Fed Right Now
The Federal Reserve has a lot on its plate at the moment. Not only are "transitory" inflation pressures proving to be more stubborn than expected, but unemployment remains relatively high even as the ...
7 Loka 202142min
This Is How the Trillion Dollar Coin Could End Debt Ceiling Fights for Good
Every few years, people are reminded of the weird law the United States has: the debt ceiling. Congress has to vote affirmatively to raise the total outstanding legal stock of debt the country can tak...
4 Loka 202158min
Isabella Weber on China’s Vision for Making Markets Work
For years, people have talked about China's ongoing process of opening up, or liberalizing its economy. And yet lately it's taken strong moves that seem to indicate a change in direction. It's cracked...
30 Syys 202149min
This Is What the Pandemic Did to the U.S. Rail System
The pandemic has obviously sent shockwaves throughout the supply chain. And, despite hopes of normalization, things might even be getting worse. The number of ships, for example, waiting to unload at ...
27 Syys 202150min
How To Understand the Inflation We’re Seeing Right Now
Over the last several months, inflation has risen at a pace significantly faster than what economists have expected. Markets, and perhaps the Fed, take some solace in the fact that it can largely be t...
23 Syys 202155min
Understanding Evergrande, the Chinese Real Estate Conglomerate That’s Nearing Collapse
If you've been following the wild ride that is Chinese real estate, then you've definitely heard of Evergrande. The price of its shares and bonds has been tumbling lately amid concerns about its cash ...
20 Syys 202154min
