Economics Explained

Explore the rise and fall of Spain's economy, once a booming powerhouse in the early 2000s. Discover how a real estate boom, fueled by reckless banking and government support, led to a harsh collapse. Learn about the complex structure of Spain's regions and their role in the financial crisis. The slow recovery highlights challenges like high unemployment, stagnant growth, and rising debt. Spain's story serves as a cautionary tale for other nations facing similar fiscal mismanagement and housing market dilemmas.

Brazil's journey from an emerging economic powerhouse to a cautionary tale is fascinating. In 2016, the country was on the brink of greatness, but the Rio Olympics exposed deep-seated issues. Corruption scandals and political instability have since hindered its recovery, causing GDP to plummet. Yet, the podcast delves into Brazil's vast resources and its strategic position within the BRICS alliance. Could it reclaim its former glory? The discussion uncovers the complexities of Brazil's past and its potential future.

Exploring the correlation between hosting the Olympics and economic struggles, examples include Russia, Brazil, and China. Questioning if these events foreshadow downturns, with a focus on France and Australia. Delving into the financial burdens, benefits, and societal impacts of hosting the games.

Exploration of Hawaii's unique economic challenges including high living costs, job scarcity, and wealthy land acquisitions. The podcast discusses potential policy changes needed for economic growth and stability in this strategic region.

Explore how Portugal's economy is changing with the influx of digital nomads, boosting local spending and investment. However, rising housing costs pose challenges for residents. Learn about the balance between economic growth and affordability in Portugal.

Unpack the dichotomy of Ireland's economy, blending 'make-believe' wealth with real economic substance. Explore the country's historical poverty, creative accounting, and offshore trillions. Discover the benefits and risks of being a business haven like New York or Singapore. Delve into the intricate dance between tax policies and economic reality in Ireland.

Exploring Mississippi's economic struggles, from being the richest to the poorest state in the USA. The podcast discusses low GDP, high poverty rates, slow growth, and the historical factors contributing to its decline. Despite challenges, Mississippi remains productive through federal spending benefits and defense manufacturing involvement.

Explore the economic growth and challenges in the Philippines, including corruption and inequality. Learn about the historical ties between the Philippines and the USA, as well as the impact of outsourcing. Discover why major companies favor the Philippines for outsourcing over other countries and the economic landscape of the country.

Dive into the complexities of Turkey's economy with discussions on inflation, currency devaluation, and foreign borrowing risks. Explore the consequences of managing interest rates and currency value, impacting savings and domestic industries.

Discover the Netherlands' unique economic journey, from pioneering modern trade and finance to overcoming Dutch Disease. See why it's one of the most productive and livable countries today. Can other economies learn from the Dutch model?  Learn more about your ad choices. Visit megaphone.fm/adchoices