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9min chapter
Episode 245: JCP Buys The UWF
Grilling JR
The Impact of the Oil Recession on the Wrestling Industry
This chapter discusses the devastating ripple effect of economic downturn in the mid-1980s. The speaker explains how their shows went from averaging high grosses to significantly lower amounts, leading to financial struggles. They highlight how banks, real estate, airlines, and hotels were affected, causing people to lose everything.
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