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Rules of the Money Game

The Morgan Housel Podcast

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The Biggest Risk in the Economy Is Uncertainty

Economic uncertainty is always present; it's just a matter of people's awareness to it. Studies show that uncertainty tends to bottom out while actual risks peak, such as right before 9-11 and the financial crisis. The dangerous risks are often unforeseen and cannot be mastered, as risk is what remains when you think you've considered everything.

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