News: This Chart Changes My View On Everything

This podcast explores the contradiction between explosive GDP growth and personal experiences. It discusses the significant increase in net worth for young Americans and the impact of inflation and student loan debt. The effects of rising asset prices on the economy are examined, questioning assumptions and highlighting the divide between asset owners and non-owners. The possibility of high inflation persisting and its impact on the recession timeline are discussed, along with the state of global real estate markets and the potential for a covert crash.