The Great Depression - An Economic History

US 30-year Treasury yields just hit 5.2% — the highest level since July 2007. UK gilt yields are at levels not seen since 1998. Japanese bond yields are at record highs. Something is happening in global bond markets, and it's not just about inflation.In this video I explain what' ...  Show more

This week, SpaceX filed the prospectus for what is expected to be the largest IPO in history. The document is extraordinary — part financial disclosure, part science fiction, and part governance structure that a corporate law professor has described as offering shareholders "no v ...  Show more

Find all the episodes from this season here. And past seasons here. And follow along on TikTok here for video Summer School. When we last left the United States of America in our economic telling of history, it was the early 1900s and the country's leaders were starting to feel l ...  Show more

“A wise man never sells out at the first sign of trouble. That’s for the pikers.” This is the story of the 1929 Wall Street Crash. On October 24, or “Black Thursday,” stock prices plunge unexpectedly. Early the next week, whatever was left of the bottom falls out on “Black Tuesda ...  Show more

President Herbert Hoover is synonymous with failure. As the Great Depression hit, shanty town across America were nicknamed 'Hoovervilles' in honour of the man held responsible for their birth. But there's more to him than this. Today Don restores depth and nuance to Hoover's ...

Highlights from some of the most interesting conversations on The Breakdown from the last two months.  4/1 - Peter Zeihan on why the world we’ve known for 30 years is changing forever 4/6 - Emerson Spartz on a moment of punctuated equilibrium  4/17 - Jared Dillian on the ...  Show more