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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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 Aug 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 Aug 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 Aug 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 Aug 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 Juli 202239min

Crypto Crash, Part II: A Debate About the Future of Web3

Crypto Crash, Part II: A Debate About the Future of Web3

Today is the second half of our special two-parter on the state of crypto. Yesterday’s theme was the case against. Today we debate the case for. In the last few weeks, use-cases have become a popular ...

26 Juli 202254min

Crypto Crash Part I: The Case Against Crypto

Crypto Crash Part I: The Case Against Crypto

Today, we have the first in a two-part series on lessons from the crypto crash. Crypto, also known as Web3, also known as blockchain-based technologies, remains the weirdest space I’ve ever reported o...

25 Juli 202249min

Why It Seems Like So Many Countries Are Falling Apart

Why It Seems Like So Many Countries Are Falling Apart

The world is kind of a mess right now. There is a big, bloody, awful war between Russia and Ukraine, which has hugely disrupted global trade, especially in commodities like oil, wheat, and natural gas...

22 Juli 202253min

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