Are we heading into a recession? Did we ever really come out of the last one? Do market fundamentals matter anymore? How did Democrats miss so badly on the economy, leading to the re-election of Donald Trump? Is capitalism collapsing? It’s difficult to get a proper read of the U.S. economy. It’s a giant, complex juggernaut that both relies on global markets and holds them all together. There is no unifying economic or political theory to provide clarity as the biggest economy in world history continues to navigate uncharted territory. Let’s talk about it.
Chapters
Intro: 00:00:34
The Stock Market Is Not the Economy: 00:02:25
The U.S. Economy is the Global Economy: 00:04:24
Market Based Economies are Cyclical: 00:05:25
The Rate of Change in the Labor Market is Faster Today: 00:07:52
Inequality is a Condition of Capitalism: 00:11:26
Sentiment is Just as Powerful as Any Data Point: 00:13:32
The Single Biggest Economic Force is Greed: 00:14:02
Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.
Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."
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