#267 Danielle DiMartino Booth & George Goncalves: Fed Is 'Behind the Curve' as We're Already in Recession and There's More Than One Economy in America
The Julia La Roche Show
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Economic Turbulence and Corporate Strains
This chapter explores the challenging economic landscape marked by the impact of tariffs on corporate margins and the increasing rates of bankruptcy. It discusses the transition of bank lending towards unregulated lenders and highlights the disconnect between Federal Reserve policies and the realities faced by everyday Americans. The conversation also touches on rising credit charge-offs, the job market's true state, and the potential for younger generations to inspire economic innovation amidst ongoing challenges.
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