Ladies and gentlemen, can I please have your attention.

Can you digger?

Greetings, dear listeners, this is Jonah Goldberg, host of the Remnant podcast, brought to you by the dispatch and dispatch media.

Very exciting, first-timer.

We don't do nearly enough sort of contemporary real-time economics and finance stuff.

We do a lot of Friedrich Hayek here, but probably we should do more Federal Reserve.

And so we're very happy to have from this, you know, this plucky niche startup semaphore,

Liz Hoffman, she's Semifor's business and finance editor.

She joined from the Wall Street Journal

where she spent nine years covering

mergers and acquisition.

I would say M&A,

but I always think that that sounds

like some sort of weird kinky thing.

Investment banking and the world of big money.

She's the author of Crash Landing,

the inside story of how the world's biggest companies survived an economy on the brink,

which was all about how the giant global semi-frozen floundered to the face of the pandemic affected the business community.

Oh, I'm sorry, and I forgot the most important part.

She's the host of an excellent new podcast, which is one of the reasons why I wanted to have her on, called compound interest, which is put out by semaphore and can be found wherever just the finest podcasts are brought to you. So with that, Liz Hoffman, welcome to the remit. Hey, Jonah. Thanks for having me. Yeah, it seemed like you were having so much fun in podcast land. We decided to join your ranks. Yeah, well, you know, appearances can be to see. Since you're technically not here to talk about your book, normally when I have an author on, the first question I ask is, what's your book about? Because that's the question I like to get on my book door and never get. but we can put that off for a second. Why don't we just sort of do some level setting? Economic punditry is not the same as political punditry, but there's some related things. There are certain rules of thumb that aren't necessarily always true, but like it's sort of a safe harbor for predictions about things. And it feels like a bunch of them would just been repealed when it

comes to the economy. So what's your 30,000 foot, you know, elevator pitch, however you

want to do a take on where the economy is right now? Yeah, we're just off. We had a big global

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