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Soft Landings Are Hard: How Has the US Economy Achieved the Impossible?
Many Happy Returns
Historic Soft Landing and the Bankruptcy of Orange County
This chapter explores the Fed's successful soft landing in the US economy and the subsequent bankruptcy of Orange County. It features the story of Robert Citro, who relied on repo and unconventional means of forecasting interest rates, and ended up in prison when rates increased.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode