Simply Economics

AI’s Role in Economic Futures and Asheville’s Path to Recovery

Explore the debate on whether AI will drive economic acceleration or if stagnation looms for advanced economies. Delve into Asheville's economic challenges and recovery prospects post-natural disasters. Plus, discover how food economics is addressing global issues at the ASSA 2025 Annual Meeting, and learn from Germany's economic struggles as a cautionary tale for other nations. This episode offers insights into the intersection of technology, policy, and economic resilience.Sources:https://www.aei.org/economics/economic-stagnation-or-acceleration/https://wlos.com/news/local/ashevilles-economic-highlights-challenges-hope-rising-unemployment-helenehttps://www.prweb.com/releases/food-economics-reaching-new-audiences-in-public-health-climate-resilience-and-development-302323481.htmlhttps://www.city-journal.org/article/germanys-economic-malaise-offers-a-warning/Outline:(00:00:00) Introduction(00:00:42) Economic Stagnation or Acceleration?(00:03:58) Asheville's economic outlook highlights challenges and hope amid rising unemployment(00:06:35) Food Economics: Reaching New Audiences in Public Health, Climate Resilience and Development(00:09:28) Germany’s Economic Malaise Offers a Warning

Global Economic Shifts: Mastercard’s Forecast and China’s Strategic Moves

Explore Mastercard's 2025 economic forecast predicting 3.2% global growth, with a focus on Europe's mixed economic forces. Delve into China's pivotal economic strategies as it faces domestic challenges and international trade tensions. Understand the implications of economic insecurity in the U.S. and the impact of South Korea's political turmoil on global markets. This episode offers insights into the interconnectedness of global economies and the critical decisions shaping future growth.Sources:https://www.travelandtourworld.com/news/article/mastercard-2025-economic-forecast-sees-3-2-global-growth-and-mixed-economic-forces-for-europe/https://www.firstpost.com/world/chinas-economic-growth-hinges-on-broader-business-and-household-confidence-as-leadership-convenes-13843476.htmlhttps://ctmirror.org/2024/12/10/ct-economic-security-report/https://thediplomat.com/2024/12/the-economic-costs-of-delaying-the-impeachment-of-south-korean-president-yoon/Outline:(00:00:00) Introduction(00:00:44) Mastercard 2025 Economic Forecast Sees 3.2% Global Growth and Mixed Economic Forces for Europe - Travel And Tour World(00:03:34) China's economic growth hinges on broader business and household confidence as leadership convenes(00:06:46) Half of CT, U.S. population lacks economic security, report says(00:10:19) The Economic Costs of Delaying the Impeachment of South Korean President Yoon

Thailand’s Economic Crossroads and Asia’s Resilience Amid Global Shifts

Explore Thailand's strategic reforms needed for sustainable growth and the resilience of Asian economies in the face of global uncertainties. Delve into the Mastercard Economics Institute's outlook for APAC's steady growth and China's monetary policy shift to boost its economy. Gain insights into how these developments shape the global economic landscape and influence future prosperity.Sources:https://www.thailand-business-news.com/opinion/178411-thailand-requires-strategic-reforms-to-accelerate-economic-growthhttps://finance.yahoo.com/news/asian-economies-resilient-enough-endure-025027915.htmlhttps://finance.yahoo.com/news/mastercard-economics-institute-apac-growth-010000578.htmlhttps://www.ft.com/content/d3a729c0-60e8-49f9-b743-43c3a7fbd1eeOutline:(00:00:00) Introduction(00:00:40) Thailand Requires Strategic Reforms to Accelerate Economic Growth(00:03:06) Asian Economies Resilient Enough to Endure Turbulence, IMF Says(00:06:02) Mastercard Economics Institute: APAC growth expected to hold steady in 2025; global policy resets may see shift in gears(00:09:20) Chinese stocks jump after leaders pledge to loosen monetary policy

Bitcoin’s Bubble and Brazil’s Economic Boom: A Global Perspective

Explore the volatile rise of Bitcoin as it surpasses $100,000, sparking debates on its role in the global economy and potential government investments. Meanwhile, Brazil's impressive economic growth ranks it fourth among G20 countries, driven by robust investments. Delve into the UK's economic challenges amid budget concerns and China's strategic economic stimulus to counter global pressures. This episode offers a comprehensive look at the dynamic shifts in global economies and the implications for future financial stability.Sources:https://www.twincities.com/2024/12/08/real-world-economics-bitcoin-is-in-a-bubble-phase-the-bubble-will-burst/https://tvbrics.com/en/news/brazil-shows-the-fourth-highest-economic-growth-among-g20-countries-in-the-third-quarter-of-2024/https://www.thetimes.com/business-money/economics/article/economy-likely-to-shrink-as-budget-gloom-spreads-t6kddgn85https://www.arkansasonline.com/news/2024/dec/07/china-fine-tuning-economic-stimulus/Outline:(00:00:00) Introduction(00:00:41) Real World Economics: Bitcoin is in a bubble phase; the bubble will burst(00:03:17) Brazil shows the fourth highest economic growth among G20 countries in the third quarter of 2024(00:06:09) Economy ‘likely to shrink’ as budget gloom spreads(00:09:03) China fine-tuning economic stimulus

Navigating Economic Shifts: Tariffs, AI, and True Security

Explore the potential resurgence of inflation as President Trump considers new tariffs, and delve into China's strategic economic maneuvers. Assess the macroeconomic productivity gains from artificial intelligence and discover how New York City could lead the way in redefining economic security. This episode offers a comprehensive analysis of global economic strategies and their impact on everyday life.Sources:https://www.dailyitem.com/business/2025-outlook-economics-professors-say-the-worst-of-inflation-is-over/article_8968d976-b3eb-11ef-ba15-93abb5912b01.htmlhttps://www.arkansasonline.com/news/2024/dec/07/china-fine-tuning-economic-stimulus/https://cepr.org/voxeu/columns/miracle-or-myth-assessing-macroeconomic-productivity-gains-artificial-intelligencehttps://www.nydailynews.com/2024/12/07/nyc-can-lead-on-true-economic-security/Outline:(00:00:00) Introduction(00:00:38) 2025 outlook: Economics professors say the worst of inflation is over(00:03:08) China fine-tuning economic stimulus(00:06:55) Miracle or myth: Assessing the macroeconomic productivity gains from artificial intelligence(00:10:17) NYC can lead on true economic security

Adapting to Energy Shocks and Aviation’s Economic Power

Explore how firms are navigating the energy crisis with innovative strategies and the economic powerhouse of Dubai's aviation sector. Discover the resilience of businesses in turbulent times and the intricate economic contributions of global transport hubs. This episode offers insights into economic adaptations and the role of aviation in driving growth, providing a comprehensive understanding of current economic dynamics.Sources:https://cepr.org/voxeu/columns/navigating-economic-shocks-how-firms-adapted-energy-crisishttps://www.oxfordeconomics.com/resource/the-economic-impact-of-aviation-in-dubai/https://www.oxfordeconomics.com/resource/mena-whats-driving-menas-economic-comeback/https://www.dallasfed.org/research/economics/2024/1205Outline:(00:00:00) Introduction(00:00:36) Navigating economic shocks: How firms adapted to the energy crisis(00:03:22) The Economic Impact of Aviation in Dubai(00:07:49) MENA | What’s Driving MENA’s Economic Comeback?(00:11:14) Mexico nearshoring yet to yield big investment despite global trade tensions

Political Turmoil and Economic Shifts: France, Australia, and Beyond

Explore the intersection of politics and economics as France faces political chaos threatening its economic stability, while Australia's public spending averts recession but raises questions about future interest rates. Delve into the U.S. economy's slight growth amidst inflation concerns and Saudi Arabia's ambitious economic diversification driving a 4.4% growth forecast. This episode provides a comprehensive analysis of global economic dynamics and their potential impacts on financial markets and everyday life.Sources:https://www.cnbc.com/2024/12/04/frances-political-chaos-casts-long-shadow-over-economic-growth.htmlhttps://www.abc.net.au/news/2024-12-05/government-keeps-the-economy-afloat-as-private-sector-stagnates/104684708https://finance.yahoo.com/news/us-economy-grew-slightly-recent-191837422.htmlhttps://arab.news/j2wmjOutline:(00:00:00) Introduction(00:00:40) France's political chaos casts long shadow over economic growth(00:04:13) Australia would be in recession without rising public spending, but we might have lower interest rates(00:06:54) US economy grew slightly in recent weeks, Fed survey says(00:10:12) Saudi Arabia’s economic diversification fuels 4.4% growth forecast

Fed’s December Rate Cut: What It Means for Your Wallet

Explore the Federal Reserve's anticipated December interest rate cut and its potential impact on the economy, from mortgage rates to employment prospects. We also delve into Australia's slow economic growth, the latest JOLT report's insights on consumer spending, and the paradox of rising unemployment amid strong GDP growth. Join us for a comprehensive analysis of these economic shifts and their implications for your financial future.Sources:https://www.forbes.com/sites/simonmoore/2024/12/03/fed-leans-toward-a-december-interest-rate-cut/https://www.abc.net.au/news/2024-12-04/australias-economy-grew-by-0-3-per-cent-/104684416https://www.pymnts.com/economy/2024/beyond-the-numbers-decoding-the-jolt-reports-impact-on-consumer-spending/https://www.dallasfed.org/research/economics/2024/1203Outline:(00:00:00) Introduction(00:00:37) Fed Leans Toward A December Interest Rate Cut(00:03:11) Australia's economy grew by 0.3 per cent, its slowest pace in decades(00:06:15) Beyond the Numbers: Decoding the JOLT Report's Impact on Consumer Spending(00:09:22) Rising unemployment doesn’t counter signs of strong GDP growth

Economic Shifts: Fed’s Uncertainty, NC’s Job Growth, and China’s Challenges

Explore the latest economic developments as the Federal Reserve's next move remains uncertain amidst inflation concerns. Discover how North Carolina's young businesses are reshaping job creation strategies, and learn about Long Beach's impressive $2 billion tourism impact. Plus, delve into China's economic pressures with declining factory activity and its global implications. Join us for an in-depth analysis of these pivotal economic stories.Sources:https://www.cnbc.com/2024/12/02/feds-williams-not-ready-to-say-what-fed-should-do-at-next-meeting.htmlhttps://www.wral.com/business/economic-development-what-works-tom-snyder-december-2024/https://finance.yahoo.com/news/visitor-spending-generates-nearly-2-120000994.htmlhttps://evrimagaci.org/tpg/china-faces-economic-pressure-amid-declining-factory-activity-74137Outline:(00:00:00) Introduction(00:00:42) Fed's Williams not ready to say what Fed should do at next meeting(00:03:33) Tom Snyder: When jobs outnumber people, how should we spur economic development?(00:05:45) Visitor Spending Generates Nearly $2 Billion in Economic Impact for Long Beach(00:08:33) China Faces Economic Pressure Amid Declining Factory Activity

Thailand’s Economic Hurdles and Oil Market Shifts

Explore Thailand's economic challenges as growth forecasts dip, highlighting the need for reforms amid political instability. Meanwhile, oil prices rise with China's economic recovery, impacting global markets. Discover the economic benefits of social inclusion in real estate and stay updated with key economic events from December 2-6, 2024, including central bank speeches and trade data. This episode offers insights into the interconnectedness of global economies and strategic approaches for sustainable growth.Sources:https://www.kaohooninternational.com/economics/548756https://news.az/news/oil-prices-climb-as-china-shows-signs-of-economic-recoveryhttps://www.perenews.com/?p=181001https://www.kaohooninternational.com/economics/548842Outline:(00:00:00) Introduction(00:00:39) Thailand 2025 Economic Outlook: Facing Challenges Ahead(00:03:37) Oil prices climb as China shows signs of economic recovery(00:06:30) Manulife: Social inclusion makes economic sense(00:09:14) Economic Calendar for 2 - 6 Dec 2024 with Inflation Rates, Trade Data, and Central Banks' Speeches