# 34: Race against recession: growth vs. debts in America Page: https://stenobird.com/podcast/onward-a-fundrise-production-4558889/34-race-against-recession-growth-vs-debts-in-america Text version: https://stenobird.com/podcast/onward-a-fundrise-production-4558889/34-race-against-recession-growth-vs-debts-in-america.md Podcast: [Onward, a Fundrise Production](https://stenobird.com/podcast/onward-a-fundrise-production-4558889) Published: 2024-03-15T17:54:19+00:00 Episode link: https://audioboom.com/posts/8474208 Audio file: https://audioboom.com/posts/8474208.mp3?modified=1710525313&sid=5067242&source=rss Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/onward-a-fundrise-production-4558889/episodes/34-race-against-recession-growth-vs-debts-in-america Duration seconds: 3903 ## Resource Two roads diverged before the US. One the way of growth and the other the way of a debt spiral. In this episode, Cardiff Garcia and Ben Miller look at the state of US dynamism vs. indebtedness, and the narrow path that would lead to a prolonged US boom. They scenario plan three potential futures: the continuation of current growth trends, a major recession, and a surprise development. The discussion spans historical debt trends, the impact of AI and technology on growth, and the influence of interest rates and fiscal policies. They highlight the strategic balance required between debt management and economic development, with a focus on achieving a ‘soft landing.’ This episode covers the key decisions between leveraging growth and managing debt that will shape America’s economic destiny. Have questions or feedback about this episode? Drop us a note at Onward@Fundrise.com. Onward is hosted by Ben Miller, co-founder and CEO of Fundrise, and Cardiff Garcia, co-founder of Bazaar Audio and host of the economics-focused podcast The New Bazaar (after spending many years as the co-creator and co-host of NPR's The Indicator podcast). Podcast production by The Podcast Consultant. Music by Seaplane Armada. About Fundrise With over 2 million users, Fundrise is America's largest direct-to-investor alternative asset investment platform. Since 2012, our mission has been to build a better financial system by empowering the individual. We make it easier and more efficient than ever for anyone to invest in institutional-quality private alternative assets — all at the touch of a button. Please see fundrise.com/oc for more information on all of the Fundrise-sponsored investment funds and products, including each fund’s offering document(s). Want to see the specific properties that make up… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/onward-a-fundrise-production-4558889/episodes/34-race-against-recession-growth-vs-debts-in-america/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/onward-a-fundrise-production-4558889/34-race-against-recession-growth-vs-debts-in-america.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.