Animal Spirits Podcast A Recession is Coming (EP.253)
Apr 20, 2022
The discussion kicks off with the complexities of taking Twitter private, revealing the tension between tech billionaires and their happiness. A dive into the potential for a commodities supercycle unveils market misconceptions. The conversation shifts to the housing market, highlighting first-time buyers grappling with rising prices. Insights into recession predictions and the fluctuating retail landscape provide a sobering outlook. Humor weaves through personal anecdotes on vacation attire and the nuances of airplane etiquette, adding a light touch to the economic talk.
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Episode notes
Airplane Etiquette
- Michael Batnick shares a story about an airplane passenger who reclined his seat immediately after takeoff.
- Despite agreeing to a seat swap, the passenger's action sparked a discussion about airplane etiquette.
Flamingo Shirt
- Michael Batnick discusses his wife's disapproval of his flamingo shirt.
- His son's approval validates his choice.
Elon Musk's Twitter Takeover
- Elon Musk's unpredictable behavior on Twitter makes him an entertaining figure, but also demonstrates a lack of good outcomes for Twitter.
- The hosts speculate whether Musk is serious about buying Twitter or just manipulating the situation.
