Are Recessions Actually Good For Us? (Earn & Invest Community Episode) SB1539
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 2 July 2024
⏱️ 53 minutes
🧾️ Download transcript
Summary
If you listen to the news (or see the carnage around you), you know that recessions are a time of hurt. Companies downsize or go bankrupt. People lose their jobs, their homes, and in a stock market decline, their ability to meet goals. But are recessions actually good for us? One recent financial piece says that they are, and our collaborator and friend Doc G at our award-winning sister show, Earn & Invest, dives into it today. He's asked two people from his community plus Joe Saul-Sehy to a panel discussing the possibility that just maybe...behind all of the tears and horror, a recession might be healthy.
Find the original show notes here: https://www.earnandinvest.com/episodes-8/are-recessions-good-for-you
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Transcript
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| 0:00.0 | pre-recorded from Joe's mom's basement. |
| 0:04.4 | Welcome to a greatest hits episode of the Stacking Benjamin Show. |
| 0:07.9 | Hey everyone, I'm Griffin the intern, popularly known as the Fintern. |
| 0:11.9 | Today, we're going to swing over to a recent podcast from our sister show, Earnan Invest, |
| 0:16.6 | where the host Doc G is joined by Joe and two members of the Earnand Invest community, Christina Golic and Joseph Skilling. It's a fun roundtable discussion that asks the question, are recessions actually good for us? Enjoy the show. Let me press. Let's see. It's this button to get it rolling. Finn Turn out. I'm Joseph Skillen. This is Chris Golic. I'm Joe Salsi-hi. |
| 0:38.2 | And you're listening to the Earn and Invest podcast. |
| 0:40.9 | Podcast. |
| 0:41.7 | Podcast. |
| 0:42.0 | Podcast. |
| 0:42.1 | Podcast. |
| 0:42.3 | Hello and welcome to current events Thursday. |
| 0:51.2 | This is a new type of episode here on Earn and Invest on the last Thursday |
| 0:54.3 | of every month where we discuss breaking or maybe even broken financial news with both an expert |
| 1:00.0 | as well as community members. Community members have volunteered to add the perspective of the common |
| 1:04.8 | man or woman behind the podcast player, but of course we know that Earn and Invest listeners are |
| 1:09.9 | anything but common. |
| 1:12.0 | Today we are joined by expert Joe Sal Cahy, who is the creator and co-hosts of the |
| 1:15.3 | Stacking Benjamin's podcast, also known as the Greatest Money Show on Earth. |
| 1:18.9 | He's the author of Stacked, Your Super Serious Guide to Modern Money Management. |
| 1:22.7 | From our community, we have Christina Gowlick and Joseph Skillin. |
| 1:26.8 | Joe, Christina, and Joseph, welcome to earn and invest. |
| 1:30.3 | Let's get right to the article. |
... |
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