351 | Cheap Debt, Bailouts, Crashes, and the Fight for Economic Resilience with Liz Hoffman
The Realignment
The Realignment
4.8 • 2.5K Ratings
🗓️ 7 March 2023
⏱️ 54 minutes
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| 0:00.0 | Marshall here. Welcome back to the Realignment. |
| 0:08.6 | Today's episode is all about how companies, governments, and everyday people |
| 0:14.0 | reckon with an economic catastrophe. |
| 0:17.0 | The topic is the book, Crash Landing, the Inside Story of how the world's biggest companies |
| 0:23.0 | survived an economy on the brink. |
| 0:26.0 | Obviously, in reference to the March 2020 COVID lockdown period where the economy was shut down and everyone from |
| 0:34.0 | CEOs to everyday people had to actually navigate those problems. |
| 0:39.0 | Now what makes this conversation so interesting is that we're talking about the COVID crash. |
| 0:44.0 | We're also having a broader conversation about how resilient our economy is, how CEOs and other leaders |
| 0:51.0 | are capable of handling an economic shock and how previous crises such as the 2008 financial |
| 0:56.0 | one and now this one are shaping how we're going to move forward. |
| 0:59.0 | This conversation could be about COVID. |
| 1:01.0 | It could be about a possible economic crisis caused by a Taiwan conflict. |
| 1:06.0 | It could be about anything. |
| 1:08.0 | The overall takeaway that I brought from this episode is that we need to focus on economic resilience, both in our personal lives |
| 1:15.0 | but also at a company and governmental level. |
| 1:18.0 | Every crisis is going to have a takeaway and that to me seems to be the one that's most core at the center of this one. |
| 1:24.0 | Before we get into the episode, just a quick note, I sent this out on the substack yesterday |
| 1:30.0 | but the realignment is switching back from three episodes a week to two episodes. |
| 1:34.0 | I have to just humble myself and admit that it is harder and harder and harder to keep up with all the reading I need to do |
| 1:41.0 | but also just make sure I'm putting out consistent A's instead of C's and B's just so I could pat myself on the back of the head |
| 1:48.0 | and say, you know what, you did three episodes a week. Good for you. |
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