If This is Right, Unemployment is About to SKYROCKET

What this episode covers

Economists and officials therefore the financial media continue to downplay the plunge in US consumer confidence, repeatedly referring to it as a "vibe-cession" that doesn't fit with the current data or modeled forecasts. History, common sense, and even econometric math isn't on their, or the data's, side. All of those say unemployment is about to surge.Eurodollar University's Money & Macro AnalysisWashington Post Why We're Gloomier Than The Economyhttps://www.washingtonpost.com/wp-dyn/content/article/2008/06/17/AR2008061702463_pf.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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This episode is 19 minutes long.

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This episode was published on August 20, 2024.

What is this episode about?

Economists and officials therefore the financial media continue to downplay the plunge in US consumer confidence, repeatedly referring to it as a "vibe-cession" that doesn't fit with the current data or modeled forecasts. History, common sense, and...

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