Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong
Thoughtful Money with Adam Taggart
00:00
The Pressure Release Valve and Potential Defaults
The chapter delves into the pressure release valve for the current economic situation, suggesting that price will ultimately be the determining factor. It discusses the housing market, the general economy, and explores bad ideas like 'Earned Wage Access'. The speakers also analyze the potential for massive defaults on buy now, pay later plans and the consequences that may follow.
Transcript
Play full episode
