<p><span style="font-size: 12pt;"><i style="font-size: 12pt;">Episode 113</i><b style="font-size: 12pt;"><i> </i></b><i>of Season 4 of The Scoop was recorded live with <strong>The Block's Frank Chaparro</strong> and<strong> Roubini Macro Associates Chairman and CEO, Nouriel Roubini.</strong></i></span></p> <p><span style="font-size: 12pt;"><i>Listen below, and subscribe to The Scoop on </i><a href="https://podcasts.apple.com/us/podcast/the-scoop/id1460134454"><i>Apple</i></a><i>, </i><a href="https://open.spotify.com/show/7qwrgTJ5CYDXAaVILNZuEd"><i>Spotify</i></a><i>, </i><a href="https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vdGhlYmxvY2stdGhlc2Nvb3A?sa=X&amp;ved=0CAMQ4aUDahcKEwionbSO9fbxAhUAAAAAHQAAAAAQAg"><i>Google Podcasts</i></a><i>, </i><a href="https://www.stitcher.com/podcast/the-block-2/the-scoop-4"><i>Stitcher</i></a><i> or wherever you listen to podcasts. Email feedback and revision requests can be sent to podcast@theblockcrypto.com.<br /> <iframe frameborder="0" height="200" src="https://playlist.megaphone.fm?e=BLOCK4153601045" width="100%"></iframe><br /> </i></span></p> <hr /> <p><span style="font-weight: 400;">Nouriel Roubini, the economist and professor who forecasted the housing collapse of 2008, is back with a new prediction for the global economy.</span></p> <p><span style="font-weight: 400;">In his new book, </span><i><span style="font-weight: 400;">Megathreats: Ten Dangerous Trends That Imperil Our Future, And How to Survive Them</span></i><span style="font-weight: 400;">, Roubini examines a series of interconnected phenomena that he believes could lead to disaster if left unchecked.</span></p> <p><span style="font-weight: 400;">In the first part of this two-part macro special of The Scoop, Roubini lays out the thesis for his new book and explains why he believes the world is on course for the most adverse macroeconomic conditions of the last century.</span></p> <p><span style="font-weight: 400;">Key to Roubini’s new theory is the idea that since the threats our society is facing are all interconnected, their combined effects will be far-reaching: </span></p> <blockquote> <p><span style="font-weight: 400;">“Unfortunately, there are severe ‘megathreats’ that imperil not only our jobs, our income, our savings, our wealth, but they imperil the planet, and even peace and prosperity.”</span></p> </blockquote> <p><span style="font-weight: 400;">As an example of how these threats are related, Nouriel explains how if the economy were to enter stagflation, it would be combined with an unprecedented amount of debt:</span></p> <blockquote> <p><span style="font-weight: 400;">“We're going to face not only inflation, not only recession, not only stagflation, but a stagflationary debt crisis — what I call in the book, ‘the mother of all debt crises,’ — because the level of private and public debt as a share of GDP is at an all-time high.”</span></p> </blockquote> <p><i><span style="font-weight: 400;">During this episode Chaparro and Roubini also discuss:</span></i></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Why geopolitical tension is likely to increase</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">How AI will impact the labor market</span></li> <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">When central banks will ‘wimp out’ on raising rates</span></li> </ul> <hr /> <p><b>This episode is brought to you by our sponsors <a href="https://trondao.org/"><em>Tron, </em></a><em><a href="https://www.ledn.io/">Ledn</a></em></b><strong><br /> </strong></p> <p><strong>About Tron<br /> </strong><b></b><em>TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by <a href="https://www.hejustinsun.com/">H.E. Justin Sun</a>, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of <a href="https://www.bittorrent.com/">BitTorrent</a>, a pioneer in decentralized web3 services boasting over 100 million monthly active users. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. | <a href="https://trondao.org/hackathon/">TRONDAO</a> | <a href="https://twitter.com/trondao">Twitter</a> | <a href="http://discord.gg/tron">Discord</a> |<br /> <br /> <strong>About Ledn<br /> </strong><span style="font-size: 12pt; font-family: georgia, palatino, serif;">Ledn was founded on the unshakeable conviction that digital assets have the power to democratize access to the global economy. We help you to experience the real life benefits of your Bitcoin without having to sell it. Start a savings account, take out a loan, or double your Bitcoin. For more information visit <a href="https://www.ledn.io/">Ledn.io</a><br /> </span></em></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>