How did COVID affect our economy? Are we headed for another Great Depression? What will be the effects on the stock market, labor market, interest rates, and inflation in the short and long term? Our SVP of Industry Engagement, Rafael DeLeon, spoke with Dr. Elliot Eisenberg, an internationally acclaimed economist and public speaker who specializes in making economics relevant, educational, and fun. Have a listen to this upbeat, engaging conversation about economic trends in a post-COVID world, and find out which changes are here to stay.
Hey there, friend! I just had the most mind-blowing chat with Dr. Elliot Eisenberg on our podcast, "The Ncast." Let me give you a sneak peek of all the juicy stuff he spilled during our conversation.
Picture this: Dr. Eisenberg, the rockstar economist and public speaker, took us on an economic rollercoaster that's anything but boring. He's like the magician who turns economics into something relevant, educational, and, dare I say, fun! And oh boy, did he drop some serious knowledge bombs.
So, hang tight because we dived into the wild world of GDP growth. We're talking a banner year for the economy, with growth percentages dancing between 7-7.5% and even touching 7-8%! Imagine that, the best numbers since the '84 recession. But that's not all—Dr. Eisenberg pulled out his crystal ball and predicted when our good old economy would be back to its normal GDP groove and when inflation would make its comeback (spoiler: it's not as scary as it sounds).
But here's the twist: we talked about inflation fears and why they might just vanish into thin air. You won't believe how a certain classic problem ties into all this, involving rent hikes and spending patterns making a comeback. Dr. Eisenberg's insights on this are pure gold.
Hold onto your hat because we took a detour to the job market. The guy broke down how unemployment rates have nosedived a jaw-dropping 70% in just over a year. And guess what? Retirement's having its moment in the spotlight too. We're witnessing a retirement wave, my friend, and it's causing some waves in the low-wage worker scene. Dr. Eisenberg spills the beans on why this is a big deal.
But it's not all numbers and stats. We talked real estate, from the wild housing market in Florida and Colombia to the electric car revolution. And let's not forget about the great remote work experiment. Want to know how many office workers are itching to stay in their PJs while they work? Dr. Eisenberg's got the scoop, along with some surprising insights into the future of office spaces and where companies might be headed.
And that's not even the tip of the iceberg. We delved into stock market mysteries, investing shifts, banking challenges, and so much more. Dr. Eisenberg's got a knack for breaking it all down in a way that makes you want to keep on listening.
So, my friend, trust me when I say, this episode is like a treasure trove of economic awesomeness. You won't want to miss a second of what Dr. Eisenberg had to say. Tune in to "The Ncast" and get ready to have your mind blown!