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The Economy of Two Tails
I really thought we were going to see a slowdown and a contraction in the economy. But man, like consumers haven't really stopped. You've got on the manufacturing side that telltale sign of, yeah, we're in the middle of recession or we're about to enter one. And then on the services side of the economy, you still have like consumer spending,. Where is this? Is it just like the year of the two lost years?