
For much of the 21st century, the U.S. economy was built around cheap money. Today, though, interest rates are rising, and borrowing is getting much more expensive. At the same time, the federal government is running huge deficits while governments and companies around the world are taking on enormous amounts of debt. Derek talks with returning guest Conor Sen, author of the Housing Frame newsletter, about why interest rates have climbed, what’s driving this new age of debt, and how it could change the economy for years to come. Subscribe to our YouTube channel here:https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Conor Sen Producer: Devon Baroldi Additional Production Support: Ben Glicksman Learn more about your ad choices. Visit podcastchoices.com/adchoices
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