Could a Housing Recession Take Down the U.S. Economy?

Could a Housing Recession Take Down the U.S. Economy?

One year ago, it was a matter of conventional wisdom among experts that the U.S. was on the brink of a recession. They were wrong. The latest GDP report showed America’s real output growing at a 4.9 percent annualized rate. That's huge. But just as we zagged a year ago, when we criticized recession predictions, I want to zag again today. It is a matter of broad conventional wisdom that the U.S. economy right now is doing really well. And, for now, it is. But challenges abound, including "higher-for-longer" interest rates, a recession in the apartment construction market, and ongoing global mayhem. Bloomberg columnist Conor Sen counts the five biggest risks to economic growth in the next year—and makes his official economic prediction for 2024. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Conor Sen Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Science of How Music Hits Have Changed in the Last 60 Years

The Science of How Music Hits Have Changed in the Last 60 Years

How does technology shape art? Why has songwriting become more of a visual skill in the 21st century? Why are today's hit songs shorter than songs from any period since the Beatles? What happened to t...

24 Helmi 202352min

Bing Chatbot Gone Wild and Why AI Could Be the Story of the Decade

Bing Chatbot Gone Wild and Why AI Could Be the Story of the Decade

Large language models like ChatGPT and Bing’s chatbot can tell stories. They can analyze the effects of agricultural AI on American and Chinese farms. They can pass medical licensing exams, summarize ...

21 Helmi 202351min

UFOs and Aliens and Drones and Balloons: Understanding the U.S. Sky Wars

UFOs and Aliens and Drones and Balloons: Understanding the U.S. Sky Wars

Since a big white Chinese spy balloon floated across the ocean and into U.S. airspace, the United States has shot down four objects over North American skies. What are we looking at, and what are we s...

17 Helmi 202350min

Why Everybody Is Wrong About a Recession and Housing’s Great Comeback

Why Everybody Is Wrong About a Recession and Housing’s Great Comeback

Last fall, three-quarters of voters told CNN that the U.S. was in a recession. A Bloomberg economic model said that the odds of a recession by the fall of 2023 were 100 percent. But we’re not in a rec...

14 Helmi 202334min

The Spectacular Rise and Fall of Fake Meat in America

The Spectacular Rise and Fall of Fake Meat in America

For the past 50 years, Americans have basically responded to the case against eating animals by eating more animals. The share of Americans who call themselves vegan or vegetarian hasn’t increased in ...

10 Helmi 202338min

China’s Spy Balloon Is Down. Cold War 2.0 Risks Are Rising.

China’s Spy Balloon Is Down. Cold War 2.0 Risks Are Rising.

If we’re being honest, the whole thing is kind of funny. A Chinese spy balloon floated across the U.S. Nobody died, unless we count the balloon itself. In a saner age, this story would be over. But ba...

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Econ Megapod: The Debt Ceiling Is Dumb, and the Inflation “Crisis” Might Be Over

Econ Megapod: The Debt Ceiling Is Dumb, and the Inflation “Crisis” Might Be Over

We’ve got a double-barrelled podcast for you. Jeanna Smialek, economics reporter for the ‘New York Times,’ joins us to break down the debt-ceiling showdown that’s enveloping Washington. Plus, economis...

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The Dark Side of Being Obsessed With Productivity

The Dark Side of Being Obsessed With Productivity

"Productivity is a trap. Nobody in the history of humanity has ever achieved work-life balance. The real problem isn’t our limited time. The real problem—or so I hope to convince you—is that we’ve unw...

31 Tammi 202348min

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