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Economics Explained

Latest episodes

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Apr 5, 2024 • 19min

Do Bank Failures Always Cause Recessions? (SVB)

Exploring recent bank failures in Silicon Valley, drawing parallels to historical banking crises like the Great Depression and 2008 recession. Discussion on potential global repercussions and causes of bank failures, including niche markets, large account sizes, and lack of FDIC coverage. Insights on bank deposit insurance, FDIC role, moral hazard concerns, and case study on Silicon Valley Bank's failure. Exploration of interest rates, Federal Reserve's role, and evolving bank business models amidst economic and technological changes.
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Apr 3, 2024 • 14min

Has The EU Actually Been Good For Europe?

Exploring the economic power and challenges of the EU, including disparities in economic needs, hurdles faced in economic management, and the impact of the EU on Europe's economic landscape.
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Mar 30, 2024 • 19min

How Zimbabwe's Lithium Export Ban Could Transform it into Africa's Next Superpower

Exploring how Zimbabwe's lithium export ban could potentially transform the country into Africa's next superpower by taking advantage of its vast lithium deposits. Discussing the economic implications of the ban, the impact on global lithium prices, and the strategic moves Zimbabwe is making to enhance its economy through Chinese investments and refining capabilities.
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Mar 25, 2024 • 16min

Why We Can’t Just Stop Oil

Exploring the link between oil consumption and GDP, the decreasing costs of clean energy technologies like solar power, and the challenges in transitioning completely to renewable energy sources
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Mar 21, 2024 • 17min

Somalia is a Surprisingly Functional Anarchy

Exploring Somalia's unique situation post-government collapse in 1991, including economic struggles and potential for recovery. The podcast delves into the thriving economy amidst anarchy, contrasting stable Somali shilling with devalued currencies. It also discusses the challenges of governance, economic development, and the evolution of Somalia from a troubled region to one experiencing growth and development.
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16 snips
Mar 18, 2024 • 17min

Why Greece Is Suddenly Doing Really Well

Exploring Greece's economic journey from post-WWII shipping industry success to over-spending, debt accumulation, and recent recovery. Delving into challenges of unsustainable growth fueled by coastal home building and evaluating Greece's current economic performance with a score of 4.8. Will Greece be an example to others on how to recover from financial meltdown?
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12 snips
Mar 15, 2024 • 16min

USA Outgrows China… Because of Florida?

Exploring the rapid growth of Florida, the impact on the US economy, and the factors driving its emergence as a top destination for finance and technology companies. Analyzing the consequences of brain drain and capital flight on regional economies and state competition for talent and resources.
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Mar 11, 2024 • 17min

The City That Built America

Exploring New York City's economic evolution from a Dutch trade port to a global financial center, highlighting its geographic advantage and impact on global economy. Discussing the role of stock exchanges, diverse industries, and local manufacturing success, showcasing the city's unique position in the global market.
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Mar 8, 2024 • 15min

Will All Cities End Up Like Detroit?

Exploring Detroit's economic downfall from a thriving city to one with high poverty, challenges and impacts of city shrinkage on revenue and employment, navigating the challenges of shrinking cities in Japan, and exploring smart shrinkage in cities by repurposing urban spaces for environmental and social goals.
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5 snips
Mar 4, 2024 • 14min

Germany's Unexpected Economic Crisis

Exploring Germany's position as a global economic powerhouse and the challenges it faces in maintaining its manufacturing dominance. Understanding comparative advantage and specialization in global trade dynamics, and Germany's transition towards service roles. Challenges of Germany's shift from local manufacturing and the impacts on workers, unions, and the economy.

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