Water Cooler Reads Vids & Pods: 21-25 August 2023

Reads:

• Americans will likely run out of excess pandemic savings this quarter: study – The Hill
• Moderna CEO made $400M last year—2,435x the median salary of employees – Ars Technica
• Blockbuster weight loss drugs Ozempic and Wegovy cost Americans up to 10 times more than what other countries pay, research shows – Yahoo
• Millennials are so worried about their finances that they’re falling into a depression – Yahoo
• The American Dream Is Dead for Us Working Class Americans – Newsweek
• Which is Better for New Startups: Bootstrapping or Venture Capital? – Swedish Times
• Fortune: ‘Richcession’ hits as 3.5 million millionaires lost their status last year – Fortune
• Fears grow for property sector as WeWork scrambles to stay afloat – The Guardian
• Capital One confirms roughly $900 million sale of office loans as property sector wobbles – MarketWatch
• Over 70% of Americans say the economy’s bad, while their own finances are good, poll shows – Axios
• Leading economic indicators point to a recession that hasn’t arrived – Market Place
• China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn – WSJ
• The Airbnb effect: why second homes have become so divisive – CNBC
• China’s property giant Evergrande files for bankruptcy protection in Manhattan court – CNBC
• China’s Good Crisis, Will Xi Address the Looming Depression and Population Collapse? – Stop Population Decline
• Taiwan sees economic growth this year at slowest in 8 years – Reuters
• China’s tanking economy is costing major US companies and could throw cold water on America’s economic boom – Business Insider

Podcasts:

Interview: Australia’s “tail wagging the dog economy”:

Interview: National Cabinet’s 1.2 million homes target is a farce (audio only):

Interview: Albo from marketing’ takes script from Utopia:

Vids

London Business School, Think Ahead:

S&P Podcast; Asia Pacific Housing Markets

Why the Rich World is Dying

DW an expensive global climate experiement

How economic complexity explains why some countries become rich……….don’t tell Australia