Why the Stock Market Hasn’t Crashed Yet - with Paul Krugman

Hasan Minhaj November 12, 2025
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Hasan Minhaj

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Hasan sits down with Nobel-winning economist, former New York Times columnist and current Substacker Paul Krugman to talk about of the economic chaos Trump is unleashing, why the stock market doesn’t seem to hate it, and to get his thoughts on crypto (he’s not a fan). Try Mill risk-free – and get $75 off with code HASAN at https://mill.com/hasan. Shop everything you need for Thanksgiving now at Whole Foods Market! Don’t miss out on consistent bookings and global reach. Head over to Booking.com and start your listing today Get 15% off OneSkin with the code HASAN at https://oneskin.co/HASAN #oneskinpod #sponsored Go to https://zocdoc.com/hasan to find and instantly book a top-rated doctor today. Go to https://kachava.com and use code HASAN for 15% off your next order. Co-Creator & Executive Producer: Hasan Minhaj Co-Creator & Executive Producer: Prashanth Venkataramanujam Executive Producer/Director: Tyler Babin Executive Producer/Showrunner: Scott Vrooman Producer: Kayla Feng Cinematographer: Austin Morales Editor: Zae Jordan Writer's assistant: Annie Fick Talent Coordinator: Tanya Somanader Executive Assistant: Samuel Piland 0:00 Miami isn’t for everyone 0:15 Opening monologue 1:03 Ads 2:11 Krugman unleashed 2:47 What is the economy 3:39 Can the economy grow forever? 5:18 “economists say” 6:17 Perils of prediction 8:12 Is America More Affordable Again? 11:42 The Fed & The President 15:14 Why hasn’t the stock market crashed? 18:21 The economy is not the same for everybody 20:40 Ads 23:22 So will manufacturing ever come back? 24:13 What if USD was no longer the reserve currency? 26:31 Paul’s not a fan of crypto 28:40 Will rich people actually leave if taxes go up? 31:39 Ads 35:24 What the eff is free trade? 39:18 Does capitalism vibe with authoritarianism? 43:02 Wait… oligarchs aren’t going to save democracy? 44:33 Lightning round 48:00 A hopeful concluding note… New to HMDK? 👉🏾 Watch past episodes - https://www.youtube.com/playlist?list=PLE6linSnhLs0dd6APJS0_u12PLhQoRXD3 👉🏾 Follow HMDK on Instagram - https://www.instagram.com/hmdk 👉🏾 Follow Hasan on Instagram - https://www.instagram.com/hasanminhaj 👉🏾 Follow Hasan on TikTok - https://www.tiktok.com/@hasanminhaj 👉🏾 Follow Hasan on Facebook - https://www.facebook.com/hasanminhaj 👉🏾 Listen to the podcast - https://lemonada.lnk.to/HasanMinhajDoesntKnowYT And if you haven’t yet, now is a great time to subscribe to Lemonada Premium. Just hit the 'subscribe' button on Apple Podcasts, or, for all other podcast apps head to lemonadapremium.com to subscribe. ———————— THE SHOW: Hasan Minhaj Doesn’t Know is a long-form interview podcast hosted by two-time Peabody Award-winning comedian Hasan Minhaj. The show features in-depth conversations with politicians and public figures, as well as occasional interviews with celebrities. Rather than sticking to standard talking points, Minhaj aims to ask deeper, more probing questions that reveal personal perspectives and challenge conventional narratives. The tone is direct and curious, and focused on uncovering what guests really think beyond rehearsed answers. KEYWORDS: Hasan Minhaj Doesn’t Know, Hasan Minhaj, Hasan Minhaj podcast, politics, political, political interviews, politics interview, science interviews, history interviews, culture interviews, interviews, political comedy, comedy, political, news, podcast, comedy podcast, politics podcast, Patriot Act, Patriot Act Netflix, issues, current affairs podcast, current events podcast, current events, talk show, trending political news, funny, satire, political satire, celebrity interviews, political videos, Democratic Party, Republican Party, us politics, American politics, long form interview, long form political

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