Episode

Is a global recession inevitable?

Podcast
Global Roaming with Geraldine Doogue and Hamish Macdonald
Published
Apr 22, 2026
Duration seconds
1740
Processing state
not_requested
Canonical source
https://www.abc.net.au/listen/programs/global-roaming/global-roaming-us-australia-economy-recession-justin-wolfers/106529312
Audio
https://mediacore-live-production.akamaized.net/audio/02/jq/Z/62.mp3
JSON
/v1/public/podcasts/global-roaming-with-geraldine-doogue-and-hamish-macdonald-6755533/episodes/is-a-global-recession-inevitable
Markdown
/podcast/global-roaming-with-geraldine-doogue-and-hamish-macdonald-6755533/is-a-global-recession-inevitable.md

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Summary

The closure of the Strait of Hormuz is sending shock waves through the global economy. Supply chains are in disarray, inflation is surging and oil prices remain high. With no end in sight to the US-Iran war, is a global recession inevitable? And does that metric even matter? On this episode of Global Roaming, Latika and Geraldine examine how the US economy is holding up and what it could mean for Australia. Guest: Justin Wolfers, professor of public policy and economics at the Gerald R. Ford School of Public Policy, University of Michigan. Get in touch: We'd love to hear from you! Email us at [email protected]