16min chapter

Animal Spirits Podcast cover image

How Much is Happiness Worth? (EP.321)

Animal Spirits Podcast

CHAPTER

Consumer Spending and Recession

This chapter explores the relationship between consumer spending and the possibility of a recession, analyzing data on credit card debt, delinquencies, and inflation-adjusted data. The hosts also discuss the impact of unemployment benefits on household benefits and analyze the value of homes and its effects on spending. They also touch upon the topic of excess household savings and its role in supporting spending.

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