2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E76.5: Food shortage, China's grand plan, inflation, French election plus an All-In Summit preview

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Are We Going to Have a Recession?

If people have a couple of hundred grand in their bank account who own homes or whatever, is no need to go back to a job. And if you don't feel safe, cause you maybe still have some covet fears, you don't want to commute. If that flips, that would be economic activity that would be helpful in flighting, fighting against a recession. I mean, i think that we're probably going to have a quarter or two contraction. It's probably going to happen at the late end of this year, beginning of next year. Just the real question is, how high are rates between now and then?

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