Marshall here. Welcome back to the realignment.

Hey everyone, welcome back to the show.

I've got a great return guest coming on the real life today.

It's Kila Scaling.

Kila last came on in 2021,

and now she's recently released a new book.

In this economy, how money and markets really work.

Kila also did something pretty interesting in between her appearances on the realignment.

She coined the term Vibcession, which actually made it into the dictionary last year.

I think the concept and idea of my obsession is key to understanding

everything in the American economy today. The central idea is basically this. If you

look at a bunch of the traditional indicators by which we measure the state of the economy, it would suggest

that we're in a pretty good place right now.

And when you actually, though, survey people, and I think when you talk to folks in your

own individual life, they're going to express a bunch of pessimism on the economy.

So we're literally not in a recession, yet folks will say and feel that they very much are in a recession.

Kila used the term vibecession to describe exactly this dynamic.

And I think the reality of Vibcession is just one that the Biden administration,

or frankly any political party in the world today basically has no answer to.

So Kila's experience as a person who

surveys the five via social media and content creation really makes her work at

an economics level really really fascinating. So hope you all enjoy this

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