The Wolf-Krugman Exchange: Trump’s ‘vibecession’
FT News Briefing30 Nov 2025

The Wolf-Krugman Exchange: Trump’s ‘vibecession’

As President Donald Trump approaches the one-year anniversary of his second term in office, the FT’s chief economics commentator Martin Wolf, and Nobel prize-winning economist Paul Krugman sit down to discuss the US economy and the state of American democracy. Are American consumers finally feeling the effect of Trump’s tariffs? Is AI to blame for the frozen labour market? Or is the spectre of a weakening democracy and plutocracy to blame for slumping consumer sentiment? In the first of four weekly episodes, Wolf and Krugman unpick the US and world economy, with Krugman explaining why he’s less pessimistic now than he was earlier this year.


Subscribe and listen to this series of The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts.


Read Martin’s column here.


Subscribe to Paul’s Substack here.


Find Paul’s cultural coda here.


Find Martin’s cultural coda here.


Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Avsnitt(2091)

How a small US business navigated Trump’s tariffs

How a small US business navigated Trump’s tariffs

Foreign central banks have slashed their holdings of Treasuries at the New York Federal Reserve to the lowest level since 2012, and a preliminary estimate showed that Eurozone inflation jumped to 2.5 ...

1 Apr 12min

The rocky legal future of Trump’s tariffs

The rocky legal future of Trump’s tariffs

Swiss lawmakers have assured senior UBS executives that they will water down stringent new rules and the Trump administration took its first step in opening the more than $10tn US retirement marketpla...

31 Mars 11min

How Trump's tariffs ripped up the global trade order

How Trump's tariffs ripped up the global trade order

US President Donald Trump has said he wants to ‘take the oil in Iran’ and could seize the export hub of Kharg Island. Uncertainty about what happens next in the war is sending nervousness through glob...

30 Mars 12min

Untold: Opus Dei, Ep. 1

Untold: Opus Dei, Ep. 1

Untold host Antonia Cundy uncovers the cultural and political influence of a controversial Catholic organisation in America. Opus Dei exists to help people get closer to God, but some members say they...

28 Mars 36min

Hong Kong woos asset managers with potential tax cuts

Hong Kong woos asset managers with potential tax cuts

The United Arab Emirates has told allies that it would participate in a multinational maritime task force intended to reopen the Strait of Hormuz, and Hong Kong is weighing tax cuts for asset managers...

27 Mars 13min

Investors try to stay ahead of Trump’s Iran moves

Investors try to stay ahead of Trump’s Iran moves

Iran’s top military leadership dismissed Donald Trump’s claims that the Islamic republic was ready to make a deal, the US president appears to make abrupt policy pivots based on swings in oil prices, ...

26 Mars 11min

Gold hasn’t been acting like itself lately

Gold hasn’t been acting like itself lately

Meta and OpenAI will be among the first customers of Arm’s long-awaited new AI processor, the haven asset gold hasn’t been looking like its usual self, and Volkswagen is in talks to switch production ...

25 Mars 11min

Netanyahu’s rivals try to outdo him over Iran

Netanyahu’s rivals try to outdo him over Iran

Sources tell the FT that Pakistan is positioning itself as the lead mediator trying to broker an end to the US’s and Israel’s war against Iran, and the US ambassador to the EU says the bloc must imple...

24 Mars 11min

Populärt inom Politik & nyheter

svenska-fall
aftonbladet-krim
p3-krim
rss-krimstad
fordomspodden
spar
flashback-forever
rss-sanning-konsekvens
aftonbladet-daily
motiv
rss-krimreportrarna
rss-aftonbladet-krim
rss-vad-fan-hande
rss-flodet
rss-klubbland-en-podd-mest-om-frolunda
krimmagasinet
rss-frandfors-horna
politiken
grans
olyckan-inifran