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Drunk as Rudy Guiliani

Political Gabfest

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Are We Staring Into a Recession?

The fed is taking steps that increase the risk of recession in the next year. It's the first time in a decades, really, that they are sort of willing to risk a recession. The rate hights we've seen so far, interest rates aren't that high. But it's just been this disk, you know, the sort of whip lash effect of going from zero forever to, oh, my god, it might be two or even four numbers.

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