The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going to interest payments? From meme coins exceeding major car manufacturers' values to escalating trade threats and actual wars, could a recession be the wake-up call we need? Or will it harm workers and small businesses while the wealthy exploit the situation? We examine why we avoid economic hardship, who suffers the burden, and whether this turmoil could lead to a more enlightened future or total disaster! Don’t miss our analysis on the trade war.
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16:08
Why Everyone Thinks California Is Collapsing
California’s economy is a global powerhouse, but is it crumbling? We dive into why the Golden State keeps growing despite sky-high housing, taxes, and trade war threats, from Silicon Valley's tech giants to Hollywood studios. Unpack the real story behind migration, wildfires, and overhyped headlines. Watch to see if California still got it or if it’s on the edge!
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16:17
Is the Australian Economy Doomed?
Australia stands as an exemplary success story—prosperous, secure, and filled with opportunities. However, a closer examination reveals a fragile framework dependent on unsustainable sectors, skyrocketing housing prices, and increasing inequality across generations. In this video, we delve into the true narrative of Australia’s economic success, the precarious dependencies it maintains, and why tackling these issues could prove quite challenging. Is Australia genuinely thriving, or simply skilled at masking its shortcomings?
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17:11
How Poland Is Quietly Winning the Economic Game
While Europe struggles with debt and stagnation, Poland is booming—the fastest-growing major economy on the continent! How did Poland transform from a broken USSR satellite into a tech and military powerhouse? We explore its smart moves—slow privatization, EU funds, innovation—and risks like debt and brain drain. Can it overtake Germany or France? Watch to find out! Subscribe for more economics made simple.
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16:39
Introducing: Tools & Weapons Podcast
Sharing an excerpt of a podcast we’re enjoying, Tools and Weapons, from Microsoft Vice Chair and President Brad Smith. Tools and Weapons explores technology’s impact on our changing world. To celebrate 50 years of Microsoft, Brad is hosting exclusive conversations with the company’s CEOs, where they share their take on the company’s legacy and its AI-fueled future. In this clip from the podcast, Bill Gates takes Brad back to the days when computing power was precious, and explains why Tools & Weapons Podcast his and cofounder Paul Allen’s idea about software was so revolutionary at the time. Find this in-depth conversation and many more by searching for Tools and Weapons wherever you get your podcasts, or visiting https://news.microsoft.com/tools-and-weapons-podcast/.
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On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.
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