Breaking Points with Krystal and Saagar 3/20/25: Fed Says Recession Risk High, Tesla Investor Wants Elon Out, Iran Nuclear War Plan & MORE!
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Mar 20, 2025 
Derek Thompson, author of "Abundance," dives into the themes of his book, discussing the critical issues of affordability and housing shortages. The conversation also touches on the significant risk of recession highlighted by the Fed, and the call for leadership changes at Tesla due to declining stock values. Furthermore, they delve into the growing political tensions surrounding Israel, Iran, and domestic challenges in governance, emphasizing the need for effective policies that address economic inequality and enhance accountability.
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Recession Watch
- Recession fears are rising after comments from Fed Chair Jerome Powell.
- He stated a potential recession probability increase, tied to inflation and new tariffs.
Tariff Regime Change
- Trump administration readies largest tariff regime yet, termed "liberation day".
- Reciprocal tariffs aim to charge imports the same rate as levied on US exports.
Tesla CEO Concerns
- Tesla investor Ross Gerber calls for Elon Musk to step down as CEO.
- Gerber claims Musk's focus on government neglects Tesla, impacting its performance.
