2min chapter

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The Pandemic Broke the Economy (EP.264)

Animal Spirits Podcast

CHAPTER

What Are Your Thoughts to Night?

I've looked over the ces from zan to the bottom twnty pr cent of earners. The fact that that group has seen one of the biggest relative benefits of anyone, i think, in the past 18 to 24 months because their incomes have gone up. It's just crazy how much negotiating power people still have with the stuff. I wouldn't guess most of the people that were buying hig end homes in the pandemic did so and already boughtof the stuff from restoration harbor. This was not a quarter wash, just they didn't report. There was just an up date.

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