2min chapter

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The Compound and Friends

CHAPTER

Drucken Miller: US on Brink of a Recession Sees Hard Landing

The San Francisco Fed is estimated there's another $500 million worth of excess savings that will be burned off by the end of the year. The thing that caused inflation, which ostensibly will cause a recession, is the one that's keeping the recession at bay. Drucken Miller said yet to be a good risk manager, it's just naive not to be open minded to something really, really bad happening.

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