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#1174 EMERGENCY PODCAST: The 2023 Financial Crisis Has Begun

The Pomp Podcast

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Introduction

The velocity of money in the US economy came to a screeching halt when COVID was introduced. Investors and consumers got spooked, they were locked in their homes and they didn't know what to do. In order to get dollars, they sold every investment asset they possibly could. And that's exactly what we got in March of 2020.

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