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Making the Argument with Nick Freitas

Is A Recession Imminent?

Making the Argument with Nick Freitas

Nick Freitas

News, Society & Culture, News Commentary, Politics

4.4743 Ratings

🗓️ 6 August 2024

⏱️ 126 minutes

🧾️ Download transcript

Summary

It feels like overnight, the country is now headed for a recession despite all of us being told that the economy was strong and getting stronger. The real question is, what is happening? Was it overnight, or has this been the result of a series of policies that makes all of this predictable? In this episode, we will explain what is going on and answer your questions.

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Transcript

Click on a timestamp to play from that location

0:00.0

You know, You know, exactly happened exactly happened like i i don't know Exactly happened.

1:47.6

I don't know about the rest of you, but I remember I came home from a business trip and, you know,

1:52.7

was just easing in and going to bed.

1:54.4

And then all of a sudden my phone is blowing up with the stock markets crashing and we're

1:58.8

going to have World War III over in the Middle East.

2:00.8

And we don't know who the vice presidential pick is going to be. And oh, by the way, did you hear

2:04.6

that a member of Congress said that they're going to disqualify Trump and, I don't know,

2:08.8

bringing the military and going to so. I'm thinking, what? Like, I just wanted to go to sleep.

2:14.0

I just wanted to go to bed. But we can't. We can't, right? We have to analyze all of this

2:18.0

in order to talk about what has been really going on because there's a lot of explanations flying

2:22.1

around on why what's happened with the stock market is happening, why what's going on the Middle East

2:25.7

is happening. Why did Kamala Harris choose Tim Waltz, which by the way I'm actually happy for,

2:30.4

but we'll explain that maybe a little bit later. And what was this quote coming from

2:34.4

a sitting member of Congress talking about a potential Civil War footing and what he plans to do

2:40.6

if Trump actually wins the election in November? We're going to be talking about all of that and more

2:45.4

on this episode of making the argument live. As always, I am your host, Nick Fratis, a member of the Virginia

2:51.5

House of Delegance, but other than that, a fairly good guy with me in the studio, my beautiful

2:55.6

bride, Tina Queen of the Bees. Hello, everyone. And then, of course, we have our resident

2:59.9

historian and political prognosticator Christian Heinz.'ll be part of it. It's not going to be

3:08.0

all econ. It's not going to be all econ. Oh, yeah, the rest is World War III. World War III.

3:13.5

Well, look, to kind of like set everything off here, I mean, what does Warren Buffett, Iran,

3:21.5

Japan, a bad jobs market, and I don't know, what else should we add in here?

...

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