The Interview - Debt Deflation Holy Grail w/ Richard Koo

The Interview - Debt Deflation Holy Grail w/ Richard Koo

Real Vision Managing Editor Ed Harrison talks to Richard Koo, Chief Economist at Nomura Research Institute. Koo is famous for his work on balance sheet recessions, a rare type of recession where drastic liquidity injections fail to increase the money supply because they remain trapped in the financial system, as there's no low demand for loans since companies focus on minimizing debt rather than maximizing profits. He and Harrison discuss this framework in detail, and use it to analyze our current economic crisis the world faces. Koo draws a contrast between the traditional balance sheet recession, where a bursting of a debt-financed bubble causes a collapse in asset prices and an emergence of debt overhang, with what he refers to as a "pandemic recession," where an exogenous collapse of economic activity leads to disappearing income and a tightening of financial conditions. Koo and Harrison also discuss the various toolkits available to central banks and fiscal authorities worldwide, and Koo shares what he thinks what a sound policy response might look like. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(2057)

Rates, Risks, and Reality | Macro Mondays: Jan. 26, 2026 ft. Andreas Steno & Mikkel Rosenvold

Rates, Risks, and Reality | Macro Mondays: Jan. 26, 2026 ft. Andreas Steno & Mikkel Rosenvold

🔥 Get FREE ACCESS to Real Vision https://rvtv.io/41fVHWF. Mikkel Rosenvold, partner and head of geopolitics at Steno Research, breaks down the latest forces driving global markets with insights from ...

26 Jan 17min

REKT Live From Miami: Crypto's Next Catalyst (January 23, 2025)

REKT Live From Miami: Crypto's Next Catalyst (January 23, 2025)

☀️ On this special edition on REKT Vision, live from Crypto Gathering, Rekt co-founder and Mando Minutes newsletter author Mando is joined by Farokh, president of DASTAN. They talk price action, predi...

23 Jan 1h 1min

US PMI Misses, Oil Surge, BOJ Holds Rates, and Mixed Crypto Flows: PALvatar Market Recap, January 23 2026

US PMI Misses, Oil Surge, BOJ Holds Rates, and Mixed Crypto Flows: PALvatar Market Recap, January 23 2026

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar. ⬜ In today’s update, P...

23 Jan 4min

Global Stocks Rally, US Economic Resilience, and Crypto Market Highlights: PALvatar Market Recap, January 22 2025

Global Stocks Rally, US Economic Resilience, and Crypto Market Highlights: PALvatar Market Recap, January 22 2025

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar. ⬜ In today’s update, P...

22 Jan 5min

Trade Tensions Roil U.S. Stocks, UK Inflation Holds, Asia Mixed: PALvatar Market Recap, January 21 2026

Trade Tensions Roil U.S. Stocks, UK Inflation Holds, Asia Mixed: PALvatar Market Recap, January 21 2026

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar. ⬜ In today’s update, P...

21 Jan 3min

Greenland Tensions, Record Metals, and Crypto Volatility: PALvatar Market Recap, January 20 2026

Greenland Tensions, Record Metals, and Crypto Volatility: PALvatar Market Recap, January 20 2026

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar. ⬜ In today’s update, P...

20 Jan 5min

Europe, Trump & the Limits of Trade Escalation | Macro Mondays: January 19, 2026

Europe, Trump & the Limits of Trade Escalation | Macro Mondays: January 19, 2026

☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now i...

19 Jan 33min

Tariff Tensions, China Growth Signals, and Crypto Volatility: PALvatar Market Recap, January 19

Tariff Tensions, China Growth Signals, and Crypto Volatility: PALvatar Market Recap, January 19

⬜ Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trends—powered by Raoul Pal’s AI avatar, Palvatar. ⬜ In today’s update, P...

19 Jan 6min

Populært innen Business og økonomi

dine-penger-pengeradet
stopp-verden
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
lydartikler-fra-aftenposten
finansredaksjonen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
utbytte
pengepodden-2
morgenkaffen-med-finansavisen
rss-markedspuls-2
livet-pa-veien-med-jan-erik-larssen
lederpodden
okonomiamatorene
rss-investering-gjort-enkelt
stormkast-med-valebrokk-stordalen
flypodden
shifter