Season 2023 · Episode 54
The Recession that Isn't Happening
The David McWilliams Podcast · David McWilliams
July 11, 202331m 24s
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Show Notes
We explore why the world is not in a recession despite everything. The US economy simply refuses to buckle under the pressure of high interest rates. A key difference between 2008 and now is that that this time around, the people are not in desperate debt but corporate America is. Companies with lots of debt will struggle. Which big company might go bust first? Look at Twitter and shudder!
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