Explore the dual narrative of pension spending as a $1.5 trillion economic engine and its underlying vulnerabilities. Discover how pensions support millions of jobs and local economies, while facing funding challenges. This episode delves into the sustainability of pension systems and their broader economic implications, offering crucial insights for understanding retirement security and economic health.

Sources:

https://401kspecialistmag.com/pension-spending-drives-1-5t-in-economic-output-for-2022/

https://phys.org/news/2025-01-reveals-economic-ripple-effects-business.html

https://www.businesswire.com/news/home/20250108084610/en/New-Study-Finds-Durbin-Marshall-Credit-Card-Bill-Could-Cost-U.S.-Economy-227-Billion-156K-Jobs

https://www.vietnam-briefing.com/news/vietnams-economic-performance-2024-gdp-trade-fdi.html/

Outline:

(00:00:00) Introduction

(00:00:50) Pension Spending Drives $1.5T in Economic Activity for 2022

(00:04:06) New research reveals economic ripple effects of business closures, remote work and other disruptions

(00:07:21) New Study Finds Durbin-Marshall Credit Card Bill Could Cost U.S. Economy $227 Billion, 156K Jobs

(00:10:25) Vietnam's Economic Performance in 2024: GDP, Trade, FDI

Explore Ireland's economic landscape as it balances robust growth with underlying vulnerabilities, and delve into the groundbreaking role of AI in economic rationality. Discover how skilled immigrants drive U.S. innovation and the significant impact of pension income on the economy. This episode offers a comprehensive look at the intricate dynamics shaping global and national economies today.

Sources:

https://www.rte.ie/news/business/2025/0106/1489393-economy-analysis/

https://cepr.org/voxeu/columns/emergence-economic-rationality-gpt

https://www.aei.org/economics/more-skilled-immigrants-for-more-economic-growth/

https://www.planadviser.com/pension-income-accounted-1-5t-us-economic-output-2022/

Outline:

(00:00:00) Introduction

(00:00:36) Economy looks good but problems lurk beneath

(00:03:15) The emergence of economic rationality of GPT

(00:06:20) More Skilled Immigrants for More Economic Growth

(00:10:21) Pension Income Accounted for $1.5T of US Economic Output in 2022

Explore the potential economic impact of mass deportations in the U.S. and how industries might cope with labor shortages. Delve into the groundbreaking role of AI in economic decision-making, as ChatGPT challenges human rationality. Uncover the hidden vulnerabilities in Ireland's economy amidst a booming surface, and examine the UK firms' response to recent fiscal policies with planned price hikes. This episode of 'Simply Economics' offers a comprehensive analysis of these pressing issues, providing insights into the intersection of policy, technology, and economic stability.

Sources:

https://www.economist.com/finance-and-economics/2025/01/06/can-americas-economy-cope-with-mass-deportations

https://cepr.org/voxeu/columns/emergence-economic-rationality-gpt

https://www.rte.ie/news/business/2025/0106/1489393-economy-analysis/

https://www.theguardian.com/business/2025/jan/06/uk-firms-plan-price-rises-as-confidence-falls-to-lowest-level-since-truss-budget

Outline:

(00:00:00) Introduction

(00:00:40) Can America’s economy cope with mass deportations?

(00:03:40) The emergence of economic rationality of GPT

(00:06:33) Economy looks good but problems lurk beneath

(00:09:18) UK firms plan price rises as confidence falls to lowest level since Truss budget

Explore the Biden administration's bold move to block Japan's Nippon Steel from acquiring US Steel, signaling a shift towards economic nationalism. Delve into the UK's anticipated economic recovery driven by consumer spending, and the challenges of transitioning to electric vehicles in British Columbia. Plus, uncover Croatia's economic struggles with low wages and a pervasive grey economy. This episode offers a comprehensive analysis of the evolving global economic landscape and its implications for international trade and domestic growth.

Sources:

https://www.globaltimes.cn/page/202501/1326326.shtml

https://www.cityam.com/uk-economy-to-stage-welcome-recovery-thanks-to-consumer-rebound/

https://www.mycowichanvalleynow.com/87767/featured/economics-of-electric-vehicles-not-practical-even-in-green-bc-prof-says/

https://www.croatiaweek.com/croatias-struggles-with-low-wages-high-prices-and-grey-economy/

Outline:

(00:00:00) Introduction

(00:00:42) Biden administration’s ‘steel wall’ redefines economic nationalism

(00:03:56) UK economy to stage 'welcome recovery' on consumer rebound

(00:06:34) Economics of electric vehicles not practical, even in green BC, prof says : My Cowichan Valley Now

(00:09:08) Croatia’s struggles with low wages, high prices, and grey economy

Kick off 2025 with a deep dive into the economic forces shaping the year. From Australia's inflation data influencing interest rates to the end of the 'vibecession' and its impact on consumer sentiment, we explore key economic narratives. Discover Thailand's strategic moves under new leadership and how bond markets might hold the key to understanding future financial trends. Join us for a comprehensive analysis of the global economic landscape and what it means for you.

Sources:

https://www.canberratimes.com.au/story/8859225/inflation-retail-sales-kick-off-2025-economic-calendar/

https://www.salon.com/2025/01/04/feeling-better-about-the-economy-the-vibecession-might-be-ending/

https://www.thailand-business-news.com/economics/184502-thailands-economy-and-tourism-remain-key-priorities-for-2025

https://manhattan.institute/article/where-are-stocks-and-the-economy-going-ask-bonds/

Outline:

(00:00:00) Introduction

(00:00:40) Inflation, retail sales kick off 2025 economic calendar

(00:04:02) Feeling better about the economy? The "vibecession" may be ending

(00:06:41) Thailand's Economy and Tourism Remain Key Priorities for 2025

(00:09:17) Where Are Stocks and the Economy Going? Ask Bonds

Explore Japan's strategic economic realignment under Prime Minister Shigeru Ishiba, focusing on diversification from China to Southeast Asia, the US, and India. Delve into the $45 billion economic stimulus by public institutions aimed at rapid recovery, and understand the implications of declining cash rents in agriculture. Discover how new methodologies are measuring the economic impact of outdoor recreation, offering insights into innovative economic strategies for the future.

Sources:

https://japan-forward.com/predictions-2025-economics-in-the-new-year-rupakjyoti-borah/

https://koreajoongangdaily.joins.com/news/2025-01-03/business/finance/Public-institutions-to-invest-45-billion-in-economic-stimulus-through-2025/2214928

https://www.brownfieldagnews.com/news/economics-say-cash-rents-should-decline-in-2025/

https://www.upr.org/mountain-west-news-bureau/2025-01-03/new-trail-usage-methodology-can-help-communities-measure-economic-impact

Outline:

(00:00:00) Introduction

(00:00:43) Predictions 2025: Economics in the New Year — Not All Eggs Go in One Basket

(00:04:06) Public institutions to invest $45 billion in economic stimulus through 2025

(00:06:32) Economics say cash rents should decline in 2025

(00:08:42) New trail usage methodology can help communities measure economic impact

Explore how recent U.S. economic indicators are driving the dollar up and gold down, impacting global markets. Discover the strategic opportunities for investors amidst these shifts. Plus, delve into the creation of new economic development zones in Erie and Reading, China's shift to market-led interest rates, and the record-breaking economic impact of international students in the U.S. This episode offers a comprehensive analysis of these pivotal economic developments and their broader implications.

Sources:

https://www.fxstreet.com/analysis/us-economic-indicators-drive-dollar-up-gold-down-in-response-202501030608

https://pennwatch.org/new-economic-development-zones-created-in-erie-and-reading/

https://www.kaohooninternational.com/economics/550381

https://siteselection.com/economic-impact-of-international-students-breaks-record/

Outline:

(00:00:00) Introduction

(00:00:39) US economic indicators drive Dollar up, Gold down in response

(00:03:14) New Economic Development Zones Created in Erie and Reading

(00:06:41) China Plans Shift to Market-Led Interest Rates amid Economic Overhaul

(00:10:02) Economic Impact of International Students Breaks Record

Explore South Korea's revised economic growth forecast for 2025, now at 1.8%, as the nation grapples with weak consumption, export challenges, and political uncertainties. Discover how global factors, including potential impacts from Donald Trump's tariff plans, are influencing the semiconductor sector and the broader economy. Learn about the government's strategic response with economic stimuli and potential interest rate cuts, offering insights into the shifting dynamics of one of Asia's key economies and its implications for global markets.

Sources:

https://www.kaohooninternational.com/economics/550334

https://www.governing.com/magazine/foundation-money-is-changing-the-economic-course-of-cities

https://inshorts.com/en/news/ai-s-economics--why-marginal-costs-are-key-for-businesses-1735667579548

https://www.yahoo.com/news/m/8cfbaeb3-78ed-3cc1-a326-0e8f40ff3ddc/china-manufacturing-activity.html

Outline:

(00:00:00) Introduction

(00:00:41) South Korea Downgrades 2025 Economic Growth to 1.8%

(00:04:06) Foundation Money Is Changing the Economic Course of Cities

(00:07:09) AI’s economics: Why marginal costs are key for businesses

(00:09:48) China Manufacturing Activity Gauge Signals Continued Expansion

Explore how pollution markets can drive economic growth while improving environmental quality, as highlighted by Michael Greenstone. Discover the success stories from Gujarat and the potential of emissions-trading schemes to reduce pollution without hindering economic progress. This episode delves into the intersection of economic policy and environmental stewardship, offering insights into sustainable growth strategies and equitable policy design.

Sources:

https://indianexpress.com/article/business/pollution-markets-growth-environmental-quality-michael-greenstone-9753778/

https://globelynews.com/americas/interest-rates-2025-forecast-economy-inflation/

https://www.kaohooninternational.com/uncategorized/550215

https://mitchellnow.com/news/236632-secretary-of-state-announces-2024-q3-south-dakota-economic-report-prepared-by-dakota-wesleyan-university/

Outline:

(00:00:00) Introduction

(00:00:45) Pollution markets can power economic growth and improve environmental quality: Michael Greenstone

(00:03:53) Here's Why You Shouldn't Expect Interest Rates to Fall in 2025

(00:06:46) 2025 Thailand’s Economic Outlook: Risks and Opportunities for Businesses

(00:09:47) SECRETARY OF STATE ANNOUNCES 2024 Q3 SOUTH DAKOTA ECONOMIC REPORT PREPARED BY DAKOTA WESLEYAN UNIVERSITY

Explore the rise of economic nationalism in Southeast Asia and its global implications, alongside Kazakhstan's impressive non-oil sector growth. Discover how AI is reshaping America's economic geography and the role of data engineering in transforming e-commerce resilience. This episode offers insights into emerging economic trends and their potential impact on global markets.

Sources:

https://thediplomat.com/2024/12/why-economic-nationalism-was-the-biggest-story-of-2024-in-southeast-asia/

https://astanatimes.com/2024/12/kazakhstans-non-oil-sector-powers-5-1-economic-growth-in-2024/

https://www.thestar.com.my/tech/tech-news/2024/12/30/how-ai-could-reshape-the-economic-geography-of-america

https://www.outlookindia.com/hub4business/transforming-e-commerce-economics-through-data-engineering-innovation-how-modern-data-architecture-is-helping-e-commerce-platforms-navigate-global-economic-challenges

Outline:

(00:00:00) Introduction

(00:00:44) Why Economic Nationalism Was the Biggest Story of 2024 in Southeast Asia

(00:04:03) Kazakhstan’s Non-Oil Sector Powers 5.1% Economic Growth in 2024

(00:07:16) How AI could reshape the economic geography of America

(00:10:07) Transforming E-commerce Economics Through Data Engineering Innovation: How Modern Data Architecture Is Helping E-commerce Platforms Navigate Global Economic Challenges