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BTC091 (Part 2): Bitcoin Mastermind Group 3Q 2022 w / Jay Gould, Jeff Ross, and Joe Carlasare
We Study Billionaires - The Investor’s Podcast Network
Is the Recession Really a Psychological Game?
I think it's a psychology game right now. Why would you get concerned about the recession? Because they're going to see that things are actually really seriously bad and we're going to be in a worldwide recession by winter or late fall. People are going to start to look ahead and be like, oh crap, it's really ugly out there. Slowing negative GDP and what is that? That's what I'm asking. What is causing the GDP to attract? So unemployment is very low. Companies are going to quit hiring. And federal reserve rising rate lay people off. Then they have to pivot because there's too many people get lit off too fast and that's when it reverses
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