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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Why Does It Seem Like Everybody Hates Everything?

Why Does It Seem Like Everybody Hates Everything?

Bestselling author Chuck Klosterman talks to Derek about the death of the monoculture, how the internet creates cults of fans and anti-fans, and how “hating things” became a mainstream personality tra...

19 Elo 202252min

Donald Trump vs. the FBI: Everything We Know About the Investigation So Far

Donald Trump vs. the FBI: Everything We Know About the Investigation So Far

I've never before recorded an episode specifically about Donald Trump. I guess I’ve been holding out for the chaos that typically swirls around him to exceed an extremely high bar of freaky nonsense. ...

16 Elo 202242min

A New Way to Think About Racism in America

A New Way to Think About Racism in America

Several years ago, the writer, researcher, and policy advocate Heather McGhee traveled around the country to report on how racism in America holds us back from policies that would benefit everybody. I...

12 Elo 202244min

Carbon Removal Might Be the World’s Most Important Technology. How Does It Work?

Carbon Removal Might Be the World’s Most Important Technology. How Does It Work?

Last year, somebody explained the problem of climate change to me with a metaphor that I’ve never been able to forget. They said: Imagine a bathtub. The bathtub is the planet’s atmosphere. The faucet ...

9 Elo 202246min

Curiosity Corner: Monkeypox Myths, Millennial Facts, and Overpopulation Fears

Curiosity Corner: Monkeypox Myths, Millennial Facts, and Overpopulation Fears

In our second "Curiosity Corner" mailbag, Derek takes your burning questions. He breaks down the myths around how monkeypox spreads, and blasts public health officials for not being more specific abou...

5 Elo 202230min

Is Old Music Killing New Music?

Is Old Music Killing New Music?

Why does it seem like the old is eating the new in pop culture? This year, the song of the summer is arguably Kate Bush’s “Running Up That Hill”—which was released in 1985. It was launched by the most...

3 Elo 202253min

How the Democrats' New Climate Bill Could Change the World

How the Democrats' New Climate Bill Could Change the World

“Every few years, American politics astonishes you.” That’s how The Atlantic journalist Robinson Meyer began his report on the Democrats' new climate deal, which would invest record-breaking sums in c...

1 Elo 202224min

Why the Question "Are We in a Recession?" Is Impossible to Answer

Why the Question "Are We in a Recession?" Is Impossible to Answer

On Thursday, the Bureau of Economic Analysis announced that GDP dropped for the second consecutive quarter, fueling fears that the economy is in a recession. Today's guest is Austan Goolsbee, a profes...

29 Heinä 202239min

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