
In a Bad State
Andrew Yang Podcast
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The Three Choices to Review When Things Go Bad
The three choices to review, good fun, is bailout, austerity, or default. I remember when things were going bad, and I spent time in Detroit when they were declaring bankruptcy. When you're in a rough time, it seems like firing more people is not the best move. The problem then is that lenders get sad and say, you know what, I'm not going to give you guys as much money as much money.
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