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BTC101: 4th Quarter Macro Overview w/ Luke Gromen (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There a Plain Vanilla Recession?
I think a lot of people would tell you like, this thing is grossly transitioning to a recession or worse. But what I feel very strongly is that if we have a recession next year, let's say we just have a plain vanilla recession. Plain vanilla recession historically has been 20% decline in tax receipts. That's just like plain vanilla, yawn, oops, GDP is down, then we go back up. This is not like the system's collapsing in 20 or 808, which are the last two recessions.
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