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The Great Recession of August 5, 2024 (with Justin Wolfers)

Aug 12, 2024
Justin Wolfers, a professor of economics at the University of Michigan, shares insights on the state of the economy as fears of a recession loom. He discusses the 'Carmela crash,' where market reactions triggered wide-reaching implications. With humor, Wolfers navigates financial strategies amid panic, urging against fear-driven decisions. He dismantles misconceptions around recessions, emphasizing the economy's resilience and the impact of political events on market reactions. The conversation also highlights candidate Tim Walz's modest financial background.
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