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The Ricochet Podcast
The Case for Pessimism
The Fed has injected so much liquidity into the economy since 2008, they have no idea how to wind this down without risking bank failures. Polarization in Congress, decay of the American family, test scores going down. And now we look at Ukraine and World Cold War II has begun. China is using Russia as its proxy. The Chinese are tough. They're smart. They're willing to use artificial intelligence to monitor their people in a way that the KGB could never even have dreamt of. Things are really looking bad.
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