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Yen Carry Trade, Recession odds grow, Buffett cash pile, Google ruled monopoly, Kamala picks Walz
All-In with Chamath, Jason, Sacks & Friedberg
Recession: A Game of Predictions and Spending
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A recession is technically defined as two consecutive quarters of negative GDP, which the US has yet to experience, though the possibility looms. Predictions around interest rate cuts could influence a rebound in the economy. However, the relationship between inflation, government spending, and economic growth is crucial to consider; for instance, the proposed government spending of $7.3 trillion next year out of a $25 trillion GDP raises questions about its impact on driving economic growth.
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