Why Some Win And Some Lose During A Recession

Posted On May 16, 2022 By Addison Wiggin

“We have these real things going on. The Fed can’t create fuel. The Fed can’t create food. There are real supply chain issues… pushing prices up regardless of what the Fed does or doesn’t do.”
Web Description: “The fear of recession is not unfounded,” says our guest for this week’s Wiggin Session, Nomi Prins. Before we even begin, we asked Nomi to define the term. “A recession basically means we’ve got a couple periods of a declining growth economy,” Nomi says, “So we’re not growing, we’re going backwards… or staying close to the same.”

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