The Portal cover image

1: Peter Thiel

The Portal

00:00

California Recessions

We had these azy bubble economies in the nineties and 2000s. And so if you've had this sort of, you know, up down bubble, that sum is harder to see than if things were just flat. The last three recessions in california were much more severe than in the country as a whole. But it didn't feel that way internally. Ther was a lot of excitement. A lot of stuff happened. Then before you know it, 30 or forty years have passed.

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