The Julia La Roche Show #232 Ed Dowd: Why The Next Recession Is Different — The Coming Economic Reset in 2025
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Feb 6, 2025 Ed Dowd, Founding Partner of Phinance Technologies and author of "Cause Unknown," analyzes the U.S. economy and forecasts a recession in 2025 as an opportunity for necessary restructuring. He argues that current economic stability is unsustainable and contemplates how shifting immigration patterns might impact growth. Dowd also discusses the misinterpretation of inflation, the risks of passive investing as markets change, and how recessions can present generational wealth transfer opportunities for savvy investors.
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Artificial Economic Strength
- Unprecedented government spending and immigration propped up the US economy under the Biden administration.
- This masked underlying economic weakness and created a disparity in economic data.
Recession as Proof of Restructuring
- A recession under Trump could signal a necessary economic restructuring.
- This restructuring aims to benefit the middle class, similar to what occurred during Reagan's first term.
Immigration's Impact on Housing
- Illegal immigration artificially boosted the housing market.
- Reduced immigration and high mortgage rates may lead to a housing market correction.
