Notayesmanspodcast390

This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on:- I’ve seen a couple of commentators talking about ‘zombie companies’ in Japan, which will fold if interest rates rise. It’d be interesting to explore this, and whether it will affect the USA, Europe and the UK — all of which have already seen bankruptcies rising, ahead of Japan’s own reckoning. Secondly, it looks like the USA is worried enough to help support the yen. What do you think? With the Lloyds house price monitor this morning showing 0.1% YoY and 0.0% MoM increases, does this not prove even more problematic for Labours 1.5 million new homes target, as cost of construction costs increase, not just with inflation but increasing regulations around Net Zero etc? "What is the potential impact of US market interventions to 1) keep the oil price below $90 2) bolster the yen?"