E57: Noah Smith Analyzes Economies: USA, China, Japan, Russia, India, Korea, & More

This week on Upstream, we're releasing an episode from Erik's podcast with Noah Smith, Econ 102. Noah breaks down the economies of the USA, China, Japan, Russia, India, Korea, and more. Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist.
For more like this, watch part 2 on @ECON102Podcast :
• Analyzing Economies: E...
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💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist.
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Recommended Podcast: @CompanyBreakdownsTurpentine
Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episode is on Rubrik - which just IPO'd. Coming up this season: Databricks, Reddit + more,
Spotify: open.spotify.com/show/0epyYBA...
Apple: podcasts.apple.com/us/podcast...
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TIMESTAMPS:
(00:00) Intro
(01:03) U.S. Economy: Trends and Concerns
(08:01) Transition to China Economy: Massive Property Bust
(15:28) Sponsor: beehiiv | Squad
(21:36) Segue to Japan Economy: Key Hub of the Electronics Manufacturing
(30:11) Korea Economic Struggles
(33:05) South Korea's Technological Capabilities and International Relations
(34:14) Exploring Taiwan's Economy and Challenges
(36:22) Indonesia's Manufacturing Shift
(37:55) Vietnam's Economic Strategy and Development Needs
(40:31) India's Poverty Reduction and Infrastructure Investments
(44:26) Pakistan Economic Mismanagement
(48:38) Philippines: Underrated Investment Destination
(49:33) Transition to Australia: The Progressive Utopia
(52:02) Russia Economy at War
(59:59) Wrap
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X / TWITTER:
/ noahpinion (Noah)
/ eriktorenberg (Erik)
/ upstream__pod (Upstream)
/ turpentinemedia (Turpentine)
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For guest or sponsorship inquiries please contact [e-mail]

[@paytonmcdermott9111]

The China part was pretty funny. Thanks for the video

[@user-yx6tl5yy3b]

Who are Eric and Noah? High 4 digit subscribers? Shallow looks at each economy.
I have found more in depth coverage on each of these and other countries...even on CZcams.

[@ninefingers6306]

55:32 "Russia's reserves are going down and will be out at current rates by the end of this year or sometime in 2025". That is just not true, the current reserves reported by their central bank are at around $600B not counting the $300B which was frozen. Their national wealth fund is at $135B and while it has gone down substantially from the ath of over $200B in august 2022 to cover government deficits it is very far from running out.

[@epilpstd1]

Day to day life does not reflect a "rising" US economy. Sentiment is low because purchasing power is low. There is no data that can disprove that fact.

[@Renvoxan]

Yeah, what is the very good way of curbing inflation? To lower the wages, and guess what US is importing in huge numbers at the moment, to the detriment of the middle class 🤡🤡🤡

[@Liboch]

The knowledge of this guy this guy is pretty decent generally though not always accurate. He tends to paint a nicer picture of the US, somehow.

[@rohanch07]

US economy is doing better relative to rest of developed world. But in absolute terms, some sectors seem to be suffering.

[@fvalemus5377]

Noah Smith is the clown of X.