Are We Headed For a Recession? + How Tariffs Hurt Housing (Live at SXSW)

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 13 March 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

From the Vox Media Podcast stage at SXSW, Ed and Scott discuss Apple’s decision to delay AI updates for Siri, Sony’s fight against deepfakes, and why the United States is considering banning DeepSeek. They then break down why the big banks are predicting an increased recession risk, exploring the recent pain in the stock market and the potential fallout if a recession hits. They also discuss how tariffs are driving up the cost of building a home, and Scott challenges the notion that home ownership is the best path to wealth. Finally, Scott fields some audience questions to close out the show. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The Autopilot Order.
0:01.7	Now, informal.
0:02.9	The strong urge felt at the ordering kiosk or drive-through
0:05.6	that takes over the entire body and mind
0:07.8	and results in a person ordering a Big Mac without even having to think.
0:11.5	Related phrases.
0:12.5	Looks like I've ordered a Big Mac again.
0:14.6	The Autopilot Order at McDonald's.
0:18.0	Surf from 11am, subject to availability.
0:20.2	I'm making a robot head with an Amazon box.
0:23.3	I've painted it silver and Daddy help me make...
0:25.6	At Amazon, we're actually using paper bags for more of our deliveries.
0:28.7	And now I'm making a paper hot air balloon
0:30.9	and I even made a little brown basket
0:33.3	and I'm making a dog that looks just like Monty.
0:35.8	Just one of the ways we've reduced the weight of our packaging by more than 40% since 2015,
0:40.7	which is still good for playtime.
0:42.7	Mom, where's the scissors?
0:45.7	To learn more, visit aboutamason.com.com.
0:48.0	U.K. forward slash sustainability.
0:50.2	Today's number eight.
0:52.0	If Texas was its own economy, it'd be the eighth largest nation in the world.
	...

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