5 threads to get you up to speed on the global economy:
If you read those 5 threads, you’ll have a solid, baseline understanding of some of the biggest stories and topics shaping today’s global economy.

Follow me @SahilBloom for more threads demystifying the world of business and finance.
I write deep dives on these topics in my newsletter. You can join 38,000+ others and subscribe here: sahilbloom.substack.com

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More from @SahilBloom

16 Oct
How to Win (without talent or luck):
Operate in Your Zone of Genius

Your Zone of Genius is where your interests, passions and skills align.

Operating in your Zone of Genius means playing games you are uniquely well-suited to win.

Once you identify it, you can stop playing *their* games and start playing *yours*.
Adopt a Positive Sum Mentality

Want to get ahead in life? Start genuinely rooting for others to succeed.

When one of us wins, we all win—winning spreads.

If you adopt that mentality, you’ll become a magnet for the highest quality people.
Read 25 tweets
13 Oct
Stagflation is the economic risk that everyone is going to be talking about in the days and weeks ahead.

Here's a simple breakdown on the topic:
1/ There's a lot of talk right now about the risks of stagflation.

@Business published an article titled "Stagflation Is All Anyone in Markets Wants to Talk About Now"—it's serious.

This thread provides a simple framework for understanding stagflation and our current situation:
2/ Stagflation is pretty scary.

The "stag" refers to economic stagnation—low growth and high unemployment.

The "flation" refers to inflation.

Putting it together, "stagflation" is an economic condition defined by the presence of low growth, high unemployment, and inflation.
Read 18 tweets
11 Oct
By now, you've probably heard that the U.S. debt ceiling is causing quite a bit of drama in political and financial circles.

Here's a simple breakdown of its history, purpose, and why you should (or shouldn't) care:
1/ In recent weeks, the so-called “debt ceiling” dominated the news.

There was fear-mongering—and congressional grandstanding—but few have a real understanding of what it all means.

This thread is my attempt to provide a (very) simple framework for understanding the situation:
2/ First, a short history lesson.

The United States debt ceiling was formally created as part of the Second Liberty Bond Act of 1917 during World War I.

It was an important step.

Prior to 1917, any debt issuance by the government had to be specifically authorized by Congress.
Read 19 tweets
10 Oct
On World Mental Health Day, let us all remember to be there for each other in times of need.

Just because someone seems ok, it doesn’t mean they are—you never know what’s going on behind someone’s eyes.

We all go through our own struggles, but we don’t have to face them alone.
The best part? It’s really quite easy.

Reach out to a friend. Ask them how they’re doing. Listen to them.

The smallest gesture of support and love can go a long way.
In my baseball days, I had several teammates who suffered from depression.

Some of the best baseball players in the country, playing on a grand stage, but suffering alone.

There was no outlet for support—the NCAA needs to do better to provide resources for its student-athletes.
Read 5 tweets
10 Oct
Disney World celebrated its 50th anniversary on October 1.

Disney’s incredible commitment to storytelling is evident in the details and intricacies of the park.

THREAD: Storytelling principles and secrets of The Most Magical Place on Earth:
Storytelling is a superpower that's on full display at Disney World.

The park—which covers 43 square miles (2x the size of Manhattan!)—can teach us a lot about enhancing our own storytelling.

This thread breaks down the principles and secrets that make Disney World so magical:
Imagineering is the engine.

The Imagineers—a group of artists and engineers—meticulously design every aspect of the storytelling experience.

The key principles:
(1) Suspended Reality
(2) Multisensory Experience
(3) Details Matter
(4) Make It Shareable

Let's cover each:
Read 25 tweets
8 Oct
⚡️Exciting Announcement⚡️

After months of planning and preparation, @gregisenberg and I are excited to be able to announce our new project:

The Room Where It Happens: a podcast, show, and community.

Read on for more: Image
The Room Where It Happens was born of the realization that the most interesting, insightful conversations have historically always happened behind closed doors…

Until now.

TRWIH is a business, technology, and investing podcast and show—but most importantly, it’s a community.
In each episode, we’ll be joined by an amazing guest as we explore the ideas, trends, and models shaping the future of business and tech.

This isn’t an interview podcast.

This is a place for casual, real-time exploration providing an inside look into how insights are created.
Read 8 tweets

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