Hardware Podcasts

The Great Depression of the 2030s and How to Prepare w/ Jackie Green

The Manufacturing Executive · 8 Aug 2023 · 26m · Episode 165

What this episode covers

Jackie Green, VP of Economics at ITR Economics, explains that while the US manufacturing sector faces a mild recession in 2024, long-term demographic trends and inflationary pressures point to a 'Great Depression' scenario in the 2030s. She advises manufacturing leaders to align their strategies with resilient markets like healthcare and food production, which tend to perform well during economic downturns. Green emphasizes that understanding one's position in the business cycle relative to key indicators, such as the inverted yield curve, allows companies to make proactive staffing and investment decisions rather than reactive cuts.

Most relevant to

established companies

Topics

Mentioned

Companies
ITR Economics, Gorilla 76
Products
Peloton
Also
Brian Bolio, Prosperity in the Age of Decline

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