The Current Economic Situation, Recession Likelihood, and Impact on Average Individuals: A Comprehensive Analysis

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Tom welcomes returning guest Peter Grandich to the show for a riveting conversation. Peter underscores his belief that the much-anticipated recession hasn’t yet arrived due to rampant money creation and continuous borrowing. He challenges the Bureau of Labor Statistics’ data, believing its reported market conditions to be milder than reality. He spotlights the increasing number of Americans relying on food banks, living paycheck to paycheck, and articulates his belief that an impending recession is not a matter of “if,” but “when.”

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