<description>You may be familiar with the AI-fueled stock market boom. Well, former International Monetary Fund Chief Economist Gita Gopinath warns it could mirror the dot-com boom of the late 1990s. But worse. She calculates a similar crash could erase &lt;a href="https://www.economist.com/by-invitation/2025/10/15/gita-gopinath-on-the-crash-that-could-torch-35trn-of-wealth"target="_blank" &gt;$35 trillion in global wealth&lt;/a&gt;. Today on the show, what would that mean for the US and global economies? &lt;br/&gt;&lt;br/&gt;&lt;strong&gt;Related episodes: &lt;/strong&gt;&lt;br&gt;&lt;a href="https://www.npr.org/2025/11/06/nx-s1-5600041/this-indicator-hasnt-flashed-this-red-since-the-dot-com-bubble"target="_blank" &gt;This indicator hasn’t flashed this red since the dot-com bubble&lt;/a&gt; &lt;br&gt;&lt;a href="https://www.npr.org/2025/10/16/nx-s1-5575729/openais-deals-are-looking-a-little-frothy"target="_blank" &gt;Open AI’s deals are looking a little frothy&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at &lt;a href="http://plus.npr.org/"target="_blank" &gt;plus.npr.org&lt;/a&gt;. Fact-checking by &lt;a href="https://www.npr.org/people/1268825622/sierra-juarez"target="_blank" &gt;Sierra Juarez&lt;/a&gt;. Music by &lt;a href="https://dropelectric.bandcamp.com/"target="_blank" &gt;Drop Electric&lt;/a&gt;. Find us: &lt;a href="https://www.tiktok.com/@planetmoney"target="_blank" &gt;TikTok&lt;/a&gt;, &lt;a href="https://www.instagram.com/planetmoney/"target="_blank" &gt;Instagram&lt;/a&gt;, &lt;a href="https://www.facebook.com/planetmoney"target="_blank" &gt;Facebook&lt;/a&gt;, &lt;a href="https://www.npr.org/newsletter/money"target="_blank" &gt;Newsletter&lt;/a&gt;. &lt;br/&gt;&lt;br/&gt;Learn more about sponsor message choices: &lt;a href="https://podcastchoices.com/adchoices"&gt;podcastchoices.com/adchoices&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;&lt;a href="https://www.npr.org/about-npr/179878450/privacy-policy"&gt;NPR Privacy Policy&lt;/a&gt;</description>

The Indicator from Planet Money

NPR

How to make $35 trillion ... disappear

DEC 11, 202510 MIN
The Indicator from Planet Money

How to make $35 trillion ... disappear

DEC 11, 202510 MIN

Description

You may be familiar with the AI-fueled stock market boom. Well, former International Monetary Fund Chief Economist Gita Gopinath warns it could mirror the dot-com boom of the late 1990s. But worse. She calculates a similar crash could erase $35 trillion in global wealth. Today on the show, what would that mean for the US and global economies? 

Related episodes: 
This indicator hasn’t flashed this red since the dot-com bubble 
Open AI’s deals are looking a little frothy

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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