3min chapter

GZERO World with Ian Bremmer cover image

Should I STILL be worried?

GZERO World with Ian Bremmer

CHAPTER

Is the Job Market Stable?

We expect that instead of having 8 million job losses like we saw in the 0809 period, we'll see about 2 million job losses at peak in the United States as a result of the Fed policies. So it is going to be significant, but it's not going to be anywhere near what we've seen in the worst situations in the past. The likelihood of direct military confrontation in Iran is higher than at any point since the JCPOA, the Iranian nuclear deal was originally signed in the Obama administration. There are just a bunch of emerging markets that are particularly vulnerable to the economic shocks that David is talking about because they've got dollar-denominated debt in an inflationary environment.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode