Breaking Down the Global Economy (S2, E6)

Article by Walter Storholt

WATCH THE EPISODE BELOW:

EPISODE PREVIEW:

Today we want to break down some critical economic concepts that you hear in the news. This will be a deep dive into the global economy, recession, and inflation with Dr. Chan. Our goal is to lay the groundwork by defining these terms and then go a little deeper before leaving you with a little inspiration.

JaQ and Dr. Chan will cut through the noise and identify what’s most meaningful to you. Plus, Dr. Chan shares pearls of wisdom from his Substack articles, discusses the role of the Bureau of Labor Statistics, and provides advice for aspiring economists. If you’re interested in learning more and getting a better understanding of these economic forces that shape our finances, this episode should be very beneficial.

Here’s what we discuss in this episode:

0:00 – Intro

2:30 – Global economy

5:38 – Recession

11:46 – Inflation

15:32 – Inspiration for The People’s Economist

17:30 – Mariah Carey

23:00 – The role of the BLS

25:29 – Dr. Chan’s advice to future economists

SUBSCRIBE ON YOUR FAVORITE APP: