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Vibecession: Much More Than You Wanted To Know

Astral Codex Ten Podcast

Release Date: 01/06/2026

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Astral Codex Ten Podcast

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Astral Codex Ten Podcast

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Astral Codex Ten Podcast

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Astral Codex Ten Podcast

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Astral Codex Ten Podcast

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Astral Codex Ten Podcast

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Astral Codex Ten Podcast

[Original post: ] Table of Contents 1: When was the vibecession? 2: Is the vibecession just sublimating cultural complaints? 3: Discourse downstream of the Mike Green $140K poverty line post 4: What about other countries? 5: Comments on rent/housing 6: Comments on inflation 7: Comments on vibes 8: Other good comments 9: The parable of Calvin’s grandparents 10: Updates / conclusions

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More Episodes

The term “vibecession” most strictly refers to a period 2023 - 2024 when economic indicators were up, but consumer sentiment (“vibes”) was down. But on a broader level, the whole past decade has been a vibecession.

Young people complain they’ve been permanently locked out of opportunity. They will never become homeowners, never be able to support a family, only keep treading water at precarious gig jobs forever. They got a 5.9 GPA and couldn’t get into college; they applied to 2,051 companies in the past week without so much as a politely-phrased rejection. Sometime in the 1990s, the Boomers ripped up the social contract where hard work leads to a pleasant middle-class life, replacing it with a hellworld where you will own nothing and numb the pain with algorithmic slop. The only live political question is whether to blame immigrants, blame billionaires, or just trade crypto in the hopes that some memecoin buys you a ticket out of the permanent underclass.

Meanwhile, economists say things have never been better.

Are the youth succumbing to a “negativity bias” where they see the past through “rose-colored glasses”? Are the economists looking at some ivory tower High Modernist metric that fails to capture real life? Or is there something more complicated going on?

We’ll start by formally assessing the vibes. Then we’ll move on to the economists’ arguments that things are fine. Finally, we’ll try to resolve the conflict: how bad are things, really?

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