The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
December 1st, 2008
Episode 58 of 974 episodes
The Bureau of Economic Research officially declares that not only is the U.S. in a recession, but it has been in one since December 2007. Meanwhile, in Zimbabwe, hyperinflation is swallowing the economy whole. Plus: If you sell your house for less than you paid for it, where does the money go?