Money Rehab with Nicole Lapin cover image

Money Rehab with Nicole Lapin

Are We Back to 2008? With The Big Short's Steve Eisman

Apr 11, 2025
Steve Eisman, the investor who foresaw the 2008 financial crisis and was portrayed by Steve Carell, joins the conversation. He delves into whether we're on the brink of a similar downturn, revealing insights on current market volatility and trade war impacts. Eisman compares today’s economic landscape with 2008, discussing the psychological effects of investment decisions and the importance of accurate data interpretation. He also shares strategies for navigating high mortgage rates and offers career advice for those facing uncertain times.
37:08

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Steve Eisman analyzes current market volatility and suggests that trade issues and tariffs are significant factors affecting economic stability.
  • The conversation highlights the need for strategic negotiation in trade to avoid recession pitfalls, emphasizing the complexities of modern economics.

Deep dives

The Power of Airbnb for Productivity

Staying at an Airbnb can significantly enhance one's productivity during the writing process. The speaker shares personal experiences of writing in peaceful locations, such as a serene Airbnb in Arizona, which allowed for both comfort and focus. Additionally, the abundance of wildlife, like javelinas, added to the charm of the stay. This setting highlights the potential benefits of leveraging unique spaces for creativity and work.

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