2min chapter

Animal Spirits Podcast cover image

A Recession is Coming (EP.253)

Animal Spirits Podcast

CHAPTER

Credit to Me, All Credit to You

Hern: I was early in the pendemic. Nailed it. Revenue hit 79 percent of the level seen prior to the pandemic. The ceo said, over the last five weeks here does we've experienced the highest level of sales and booking activity at any time in our history. People want to travel. There you go in fleec aneo line. Prices don't fit. Hern enough to writem about inflation. Stocks looking better. Been craft for years. It jape morgan say? Budgeted 900 million for higher credit losses because of inflation and the war with ucrane. So which is it? Not from consumers? These are probably all institutional

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