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Trade wars. Financial panics. Inflation. How come it feels like it’s all bad news in the global economy these days? Economist Eswar Prasad’s answer: something he calls the ‘doom loop.’ That’s where massive geopolitical and economic forces feed off each other and send us careening into disorder. Sounds dire. But it’s not hopeless.On today’s show, are we in a doom loop? And if we are … how do we get out of one?Eswar Prasad’s new book is called “The Doom Loop: Why the World Economic Order Is Spiraling into Disorder”.Related episodes: Is the financial media making us miserable about the economy?Why are some nations richer?For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

It’s a weird time for jobs numbers. Another month, another jobs report pushed back by the Bureau of Labor Statistics. Averaging two private sources, ADP and Revelio Labs: an estimated 4,500 jobs were added in January. Sounds like … not many. And, yet, the unemployment rate hasn’t seemed to have risen. This might be, in part, due to the Trump administration’s immigration crackdown. We’ll explain through the story of one Angeleno.On today’s show, how bad are these job numbers? Or are they not bad at all? And what does immigration have to do with it? Related episodes: Can we still trust the monthly jobs report? (Update) What you need to know about the jobs report revisions What really goes on at the Bureau of Labor Statistics (Update) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

How did the U.S. become the Olympic powerhouse it is today? Cold War competition. The Soviet Union sponsored their athletes. But America wanted its athletes to pull themselves up by their bootstraps. It birthed an unexpected accelerator of Olympic development: College football. Stay with us now.On today’s show, how college football became an Olympic development engine. And how that engine might not be running as smoothly as it once did.Related episodes: Why the Olympics cost so muchYou can't spell Olympics without IPA huge EU-India deal, Heated Rivalry, and a hefty $200k to OlympiansWhy Host The Olympics?The monetization of college sportsFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy