Archive for the ‘Global financial crisis’ Category

How Are They Doing Now?   Leave a comment

How Are They Doing NowLink: https://www.npr.org/sections/money/2018/02/02/582843102/how-are-they-doing-now

Summary: When the recession hit, many workers within the United States not only lost their jobs, but they also had to cut back a significant amount of their hours. In this podcast, THE INDICATOR checks on three groups to see how they are doing now, part-time workers who want to be full-time, African-American unemployment, and people without college degrees.

Original Air Date: February 2, 2018

Length: 5 minutes 34 seconds

 

The Recession Predictor   Leave a comment

The Recession PredictorLink: https://www.npr.org/sections/money/2018/01/12/577710151/the-recession-predictor

Summary: There appears to be fear that another recession is approaching the United States, but what are the warning signs for the country’s economy? From talks about inflation, interest rates, and borrowing, the yield curve is known to be a powerful and the most accurate predictor of recessions.

Original Air Date: January 12, 2018

Length: 9 minutes 5 seconds

Stimulus Response   Leave a comment

Stimulus ResponseLink: https://www.npr.org/sections/money/2018/02/14/585844313/stimulus-response

Summary: What would a liberal economist say about the state of America’s economy today? THE INDICATOR discusses how the country’s economy may need some form of stimulus to boost further economic growth.  However, would the benefits of the short run stimulus for the economy that we say we need, outweigh the cost of the long-term tax cuts?

Original Air Date: February 14, 2018

Length: 6 minutes 30 seconds

Delicious Cake Futures   Leave a comment

ap_948883364526-138b1075ab392570cbb41a99fa639c639b34c0f7-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/01/06/462149561/episode-15-delicious-cake-futures

Summary: An elementary lunch room has more economics involved then one would think.  Snacks are the currency, and the trading is of the food.  In this story, Planet Money discusses how one kid developed a derivative for a cake, by trading for snacks now for a piece of the cake later.

Original Air Date: March 9, 2009

Length: 15 minutes 16 seconds

Jubilee! (?)   Leave a comment

2509857120_5f43d4858b_o-28875f634cdecb828ccaaa98c667017dcce48e7c-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/23/506763952/episode-587-jubilee

Summary: After Iceland was hit hard by the financial crisis, Icelanders with mortgage loans were drowning in debt.  Recognizing the outrage, the Progressive Party of Iceland capitalized and offered to clear everyone’s debt.  Planet Money discusses Iceland’s use of a biblical event called jubilee and the results.

Original Air Date: December 23, 2016

Length: 20 minutes

Help arrives for (some) underwater homeowners   Leave a comment

Link: http://www.marketplace.org/2016/04/15/economy/homeowner-buyout-plan-better-late-never

Summary: The Federal Housing Finance Agency begins to help 33,000 homeowners who financed their mortgages through Freddie Mae or Fannie Mac and are are more than 15% underwater and 90 days delinquent on payments. Assistance includes lowering interest rates and the balance of principal owed

Original Air Date: April 15, 2016

Length: 2 minutes 12 seconds

The midlife economic anxiety crisis   Leave a comment

midlifeLink: http://www.marketplace.org/2016/03/18/world/why-theres-so-much-economic-anxiety-midlife

Summary: According to the Marketplace Economic Anxiety Index, 35-54 year olds are the most worried age group in the U.S. Children’s college tuition and retirement loom over these folks and they also felt the aftershocks of the housing crisis and stock market crash. Marketplace speaks to a couple about their economic concerns and decisions.

Original Air Date: March 18, 2016

Length: 5 minutes and 4 seconds