Chapter
The Link Between Energy Prices and Recessions
20:37 - 25:27 (04:50)
It is always the case that rising energy prices cause recessions, rather than a recession leading to a spike in energy prices. If global energy shocks are significant, central banks will step in to provide liquidity to the markets and subsidies will likely be implemented to bring prices down.
Clips
It's not always the case that the price of energy rises during a recession, but historically, it's always been the case that when energy prices spike by 50 percent, we enter a recession.
20:37 - 23:03 (02:26)
Summary
It's not always the case that the price of energy rises during a recession, but historically, it's always been the case that when energy prices spike by 50 percent, we enter a recession. There is a possibility for a coordinated effort by central banks and governments to provide liquidity to the market and subsidize prices coming down to avoid a global recession.
ChapterThe Link Between Energy Prices and Recessions
EpisodeE71: Russia/Ukraine deep dive: escalation, risk factors, financial fallout, exit ramps and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The Ukraine conflict raises questions about the effectiveness of economic sanctions, the ethics of arming foreign militaries, and the role of the US as a global superpower.
23:03 - 25:27 (02:24)
Summary
The Ukraine conflict raises questions about the effectiveness of economic sanctions, the ethics of arming foreign militaries, and the role of the US as a global superpower. It's important to consider these questions as a nation and discuss what "war" means in today's world.