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Americans feel like the economy is off. And so the Biden camp is left having to convince voters

either, one, that it's off for different reasons than they believe, i.e. it's not his policies,

or two, that their feelings are off. That is a brutally difficult argument to have to make,

whatever truth there may be behind it. You're wrong about what you feel is not historically a winning political

position. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the

big picture power shifts remaking our world. The breakdown is sponsored by nexo.io, near an FTX, and produced and distributed by

CoinDesk. What's going on, guys? It is Thursday, June 16th, and today we are talking about the odds

of a recession in the U.S. surging over 70%. Before we get into that, however, if you are enjoying the breakdown, please go subscribe

to it, give it a rating, give it a review, or if you want to dig deeper into the conversation,

come join us on the Breakers Discord. It's where we discuss everything from macro to crypto to

crypto to topics beyond, and I would love to see you there. If you want to find a link to that, you can check out

the show notes or go to bit.ly slash breakdown pod. Lastly, a disclosure, as always, in addition

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