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

- Show: [The Manufacturing Executive](https://hardwarepodcasts.com/podcast/the-manufacturing-executive)
- Published: 2023-08-08
- Length: 26m
- Episode: 165
- Page: https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green
- Listen: https://www.spreaker.com/show/the-manufacturing-executive#episode-4badf58a-54f1-4ec8-9a15-5f44cb226b9b

## Summary

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.

## Chapters

- [0:37](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=37) Introduction: Jackie Green and ITR Economics
- [5:10](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=310) Current Economic Outlook: 2023-2024 Recession and the 'Peloton Effect'
- [9:29](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=569) Resilient Verticals: Food Production and Consumer Behavior
- [10:55](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=655) Strategic Planning: Navigating the Business Cycle and Staffing
- [15:31](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=931) Political Neutrality and the Impact of Policy on Cycles
- [17:22](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=1042) The 2030s Great Depression: Demographics and Global Trends
- [22:45](https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green#t=1365) Actionable Advice: Aligning with Healthcare and Essential Goods

## Topics

- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Validation & product-market fit](https://hardwarepodcasts.com/topic/validation-and-product-market-fit)
- [Leadership, teams & culture](https://hardwarepodcasts.com/topic/leadership-and-culture)
- [Growth, exits & acquisitions](https://hardwarepodcasts.com/topic/growth-exits-and-acquisitions)

## Most relevant to

established companies

## Mentioned

- ITR Economics (company)
- Gorilla 76 (company)
- Peloton (product)
- Brian Bolio (other)
- Prosperity in the Age of Decline (other)

## Related episodes from other shows

- [307 - Prepare for the depression of the 2030's and other takeaways from Day 1 at the TLMI conference](https://hardwarepodcasts.com/podcast/people-of-packaging/2025-03-10-307-prepare-for-the-depression-of-the-2030s-and-other-takeaways-from-day-1-at-th) (People of Packaging)
- [Creative Electron's Dr. Bill Cardoso is Cautious and Curious - EMS@C-Level, Season 23, Ep 1](https://hardwarepodcasts.com/podcast/ems-c-level/2023-01-09-creative-electrons-dr-bill-cardoso-is-cautious-and-curious-ems-c-level-season-23) (EMS@C-LEVEL)
- [How Manufacturers Should Leverage Economic Intelligence with Alan Beaulieu](https://hardwarepodcasts.com/podcast/manufacturing-happy-hour/2023-03-21-how-manufacturers-should-leverage-economic-intelligence-with-alan-beaulieu) (Manufacturing Happy Hour)
- [Challenging Economic Conditions and Shifting Landscapes in Global Manufacturing with TTI's Jeff Ray](https://hardwarepodcasts.com/podcast/ems-c-level/2025-01-17-challenging-economic-conditions-and-shifting-landscapes-in-global-manufacturing) (EMS@C-LEVEL)
- [BONUS - IPC Chief Economist Shawn DuBravac talks trends at APEX 2023 - EMSNOW & SCOOP On Location](https://hardwarepodcasts.com/podcast/ems-c-level/2023-01-30-bonus-ipc-chief-economist-shawn-dubravac-talks-trends-at-apex-2023-emsnow-scoop) (EMS@C-LEVEL)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/the-manufacturing-executive/2023-08-08-the-great-depression-of-the-2030s-and-how-to-prepare-w-jackie-green. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to The Manufacturing Executive.