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d'ar and the worst it's ever done. Yeah and at least a long time. You're always so darn positive. Well, you know, hopefully it'll bounce back but you know what? We've got someone to help us figure it out.

Like with everything, we've got a guy, it's Kendall and Casey show. I'm Rob Kendall. It's Casey Daniels.

Let's go to the W. I.

H Hightlyne one of the greatest, most smartest, most brilliant, most

charismatic minds of all the, uh, in all of economics. Duke Professor Dr. Michael Munger joins us now on the WIBC hotline.

All right, Munger, so you and I met some 16 years ago

when the economy was collapsing and here we are again.

Why do we keep running into each other like this?

See, I don't know which causes which.

Do we only talk when there's trouble or does our talking cause trouble?

What is going on?

Why is everybody losing all their money?

Look, here's the thing.

Economists are really bad at predicting the future, but we're great at predicting the past.

And the immediate past is our specialty.

So any economist that you called would have a very persuasive explanation about what happened yesterday.

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