Is There a Better Way?

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The problem with these folks, seems to be one. They started to keep the loans, which was not really part of the deal of being on platform. Yet all of a sudden you find yourself taking a risk position. It turns out that when there's a lot of stimulus checks and there's forbearance on student loans, that people pay off these loans and they do better.

Felix and Mihir discuss the turmoil in financial markets and how best to respond as an investor or a corporate executive. Is it time to panic? What is the longer-term outlook for the economy? Will the Federal Reserve be able to tame inflation without causing a recession? They also discuss the fate of Upstart, an AI-supported lending platform. The former Wall Street darling lost much of its value, seemingly overnight. Can Upstart recover? Are we really better off with more consumer credit?