Matt Klein, co-author of "Trade Wars are Class Wars" and old friend of the show, returns for another special collaborative episode. Matt writes the excellent Overshoot newsletter, where he is posting additional commentary and charts to accompany this chat with Cardiff. Check it out and subscribe!

Matt is Cardiff's favorite economic-data sleuth, and on this episode they discuss:

— The recovery of the US economy, and whether it really did reverse in the first quarter

— What accounts for such high inflation in the US, and whether it will self-correct

— The economic effects of the Ukraine-Russia war

— How the severe China lockdowns will

— The freakout in financial markets this year

More related links:

• Matt's Overshoot newsletter main page
• Matt on inflation
• Matt on the China lockdowns
• Matt's latest on Ukraine-Russia
• Roosevelt Institute: "Increasing Wages for Low-Income Workers Is Key for a Full Economic Recovery"