economy
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Oct 1, 2024 by Joe Lonsdale · across every show →
Everything said about economy, oldest first
Oct 1, 2024 positive
Lonsdale: Recessions are necessary to prune unproductive parts of the economy
“Recessions are actually good to have every once in a while. They clean out a lot of nonsense. You know, what happens is there's a lot of resources being used for things that are not productive in the economy, and you need a sensor mechanism. You need certain t…”