The Housing Recession Is Coming

The Housing Recession Is Coming

While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the most rate-sensitive sector of the economy—which is housing—is taking it on the chin. Today's guest, Mark Zandi, the chief economist of Moody’s Analytics, breaks down the queasy state of the U.S. housing market, the prospect of a correction, what nationwide falling housing prices will mean for the broader economy, the global synchronized decline in housing, and how China's extremely bizarre year is affecting our economy. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Mark Zandi Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Triple Crisis That’s Breaking Hollywood—and Changing the Future of Movies

The Triple Crisis That’s Breaking Hollywood—and Changing the Future of Movies

Hollywood is in the middle of a triple crisis. You can measure it in tickets, jobs, and ideas. Start with tickets. The best year for the movie business this century was 2002, when Americans and Canad...

24 Apr 1h 10min

The Most Powerful and Dangerous AI Model Yet

The Most Powerful and Dangerous AI Model Yet

Two weeks ago, Anthropic announced an AI model so capable and so dangerous that it decided not to release it to the public. The model, codenamed Mythos, could autonomously infiltrate computer systems...

21 Apr 1h 2min

The Whole World Is Fighting About Energy

The Whole World Is Fighting About Energy

The two biggest stories in the world right now—the war involving Iran and the rise of artificial intelligence—are, at their core, the same story: energy. The Iran conflict has become a war of competin...

14 Apr 1h 4min

‘The Job Market for Young People Is Brutal’

‘The Job Market for Young People Is Brutal’

Something weird is going on with the elevated unemployment rate for young people today, but no one knows what exactly it is. For the last year, as the unemployment rate for recent college graduates h...

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America's Religious Revival Is a Mirage

America's Religious Revival Is a Mirage

Perhaps you’ve heard the news: The U.S. is experiencing a religious revival, and it’s concentrated among young people, who are flocking back to the fold. The Economist announced that “the West has sto...

8 Apr 1h 8min

Is China the Winner of the Iran War?

Is China the Winner of the Iran War?

The 1970s oil crisis changed the world in ways that many people forget today, from the transformation of American politics to the rise of the Japanese electronics industry. The Iran war of 2026 could ...

3 Apr 52min

Why We're Addicted to ‘Sh*tty Flow’

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One of the themes we’ve circled in the last few weeks is the way that the modern world can hijack our values. This principle was recently articulated by the philosopher C. Thi Nguyen in an episode cal...

31 Mars 48min

Anthropic Thinks AI Might Destroy the Economy. It's Building It Anyway.

Anthropic Thinks AI Might Destroy the Economy. It's Building It Anyway.

Today’s podcast is an interview with one of the cofounders of the AI company Anthropic, Jack Clark. One thing I’m trying to do with the subject of artificial intelligence is offer a balance of perspec...

27 Mars 1h 2min

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