Ones and Tooze

The yield on 30-year U.S. Treasury bonds has been spiking lately, at one point reaching its highest level in some two decades. That means that the government is paying more to borrow—as government debt officially passed the $40 trillion mark this week. Adam and Cameron discuss.

Also on the show: Adam returns from the Venice Biennale.

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Germany's longest river is drying up, with water levels reaching as low as 8 inches in some spots—the lowest reading since Germany started keeping records almost 150 years ago. Adam and Cameron discuss the economic impact, including shipping disruptions and supply chain problems.
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India is facing an unemployment crisis among young college graduates—some 40 percent of whom are struggling to find work. Adam and Cameron discuss the implications for India and the potential impact of the Cockroach Janta Party movement.
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On this episode, Adam and Cameron discuss the economics of super yachts—a global industry worth up to $22 billion.
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The poem written some 2,700 years ago and the contemporary film directed by Christopher Nolan are the topic of this week’s show. Adam and Cameron discuss the economic and philosophical underpinnings of the story.
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