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Prof G Markets

The World Is In a Doom Loop — ft. Eswar Prasad

Prof G Markets

Prof G Media & Vox Media

Investing, Entrepreneurship, Business

4.31.4K Ratings

🗓️ 13 February 2026

⏱️ 71 minutes

🧾️ Download transcript

Summary

Ed Elson and Scott Galloway are joined by Eswar Prasad, Professor of trade policy and economics at Cornell University, former chief of the Financial Studies Division of the International Monetary Fund, and author of the new book, “The Doom Loop.” They unpack why he believes the global economic order is unraveling, when the U.S. deficit could become a full-blown crisis, and what’s really happening in the housing market.  Plus, he explains what he thinks America needs to do to get back on track.  Resist and Unsubscribe Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Support for the show comes from Funrise. For the past seven years, there's been a room in finance

0:05.4

most people couldn't enter, a room where you could have invested in some of the biggest names

0:09.4

in tech companies like Airbnb and Uber before their multi-billion dollar IPOs. I'm talking about

0:15.7

venture capital. Funrise recently took a sledgehammer to those closed doors by launching a venture

0:20.6

capital product that's available to anyone.

0:23.3

Their mission is to give everyone the chance to invest in the best tech and AI companies before they go public.

0:28.9

You can visit Funrise.com slash ProfG to check out Funrise's venture portfolio and get in early today.

0:35.4

All investments involve risk, including the potential loss of principle.

0:38.3

Past performance is not indicative of future results.

0:40.3

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1:13.8

Today is number 762,000. New York City experience a significant reduction in water usage during

1:19.5

Bad Bunny's Super Bowl halftime show. In the 15 minutes after the show, the borough saw a surge in

1:25.3

water usage equivalent to roughly 7662,000 toilets flushing.

1:31.3

I wouldn't know about this as I turned into the kid rock concert is, I like music for people

1:36.6

who know the exact amount of pseudafed they're legally allowed to buy.

...

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