The Tech Crash, The Demographic Time Bomb, and Ireland’s Future 40
The David McWilliams Podcast
David McWilliams
4.5 • 692 Ratings
🗓️ 11 November 2025
⏱️ 39 minutes
🧾️ Download transcript
Summary
A tech bubble always feels rational until it doesn’t, as Wall Street fuses with Silicon Valley and the entire American economy becomes a single hyper-leveraged bet on AI, we trace the early tremors: falling job numbers, concentration of risk, a market propped up by story over profit. The real shock comes at home, Ireland’s new Future 40 report quietly maps out a country sleepwalking into decades of slower growth, soaring age-related costs, and a housing crunch that will outlive an entire generation. The proposed solution currently is to import more workers into a market that can’t house the people already here. We break down the numbers, the politics, and the intergenerational showdown now shaping Ireland’s future, a collision of tech mania, demographic reality, and a state betting tomorrow on the backs of the young.
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Transcript
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| 0:00.0 | To understand the economy, you have to understand human nature. |
| 0:07.0 | This podcast is powered by ACAST. |
| 0:13.1 | How are you doing there? It is, yet again, a time for the podcast. |
| 0:19.0 | And today's podcast is going to be split in two. |
| 0:24.0 | First of all, John has questions about technology, which always lies me. |
| 0:30.1 | About life, about life, by technology, with the fusion of love, art, emotion. |
| 0:37.4 | What is it to be masculine in the early 21st century these are the sort of |
| 0:42.5 | issues that keep him awake at night and all the rest of us i feel i'm still on that journey you know |
| 0:47.6 | he's on that journey of discovery let's say he has been on all sorts of american self-help |
| 0:53.4 | websites for the last couple of days. |
| 0:56.4 | And he is now, he is now the truth. He's going to come up with seven steps to be a better man. |
| 1:02.0 | Anyway, apart from that, no, number one, we are going to talk about the insipient signs of what we |
| 1:08.4 | were talking about last couple of weeks, which is a tech crash, number one. |
| 1:13.0 | Then number two, I want to talk about Ireland because the Department of Finance, now, |
| 1:18.0 | not the greatest forecasters in the world, a little pinch of salt, right? |
| 1:21.5 | They came out with a thing called Future 40, which is their view of what Ireland's going to |
| 1:25.7 | look like by 2040. |
| 1:27.4 | Is that anything like WD40? |
| 1:29.8 | It's like WD40 for economists. |
| 1:32.2 | Exactly. |
| 1:32.5 | You spray it on little bits that don't work, little rusty bits. |
| 1:36.0 | And lo and behold, the whole thing works, right? |
... |
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