Do We Actually Need Recessions?

Do We Actually Need Recessions?

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Did China Just Drop The Ball On Global Dominance?

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Show more

A Short Story About Why You Cannot Buy A House

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Show more

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Recession? What recession?
Make Me Smart

Some economists have been warning of an imminent recession in the United States for over a year now. But so far, it has yet to strike. We’ll get into the different ways economists are thinking about how a so-called recession might play out. Also, humans are having a profound, lit ...  Show more

Buy, Borrow, Steal
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Policymakers have a tried-and-true game plan for jump-starting the economy in times of severe recession: Push stimulus packages and lower interest rates so Americans will borrow and spend. But economist Amir Sufi says the way we traditionally address a recession is deeply flaw ...

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How to Recession Proof Your Life
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Are we headed towards a recession? Are we already in one? These are scary questions, but recessions are an unavoidable part of the economy. And they don’t have to be the end of the world – especially if you’re prepared. This week, Delyanne Barros brings back friends of the show J ...  Show more

Why are we so bummed about the economy?
Planet Money

Would you say that you and your family are better off or worse off, financially, than you were a year ago? Do you think in 12 months we'll have good times, financially, or bad? Generally speaking, do you think now is a good time or a bad time to buy a house? These are the kinds o ...  Show more