E237 - Reasons We Are NOT Headed For A Great Depression

<p>People who have an ideological viewpoint tend to let their ideology cloud their vision of being able to see through the data, and view the world objectively. A great example of this is if someone thinks something <span class= "ac-designer-copy">should</span> work a certain way, and it doesn't, then they believe the results will be far worse than they would be in reality. While having ideological viewpoints are not always a bad thing, it's important to recognize these viewpoints to reduce any subconscious thought process shifts. <br class= "ac-designer-copy" /> <br class="ac-designer-copy" /> Our guest for today is Gene Epstein who is the former Economics and Books Editor of Barron's. He is also an author whose last published book was "Econospinning: How to Read Between the Lines When the Media Manipulate the Numbers." Gene has taught economics at the City University of New York and St. John's University and worked as a senior economist for the New York Stock Exchange. </p> <div class="ac-designer-copy"><span class= "ac-designer-marked-selection ac-designer-copy"><span class= "ac-designer-copy">Today we are going to discuss...</span><br class="ac-designer-copy" /></span> <div class="ac-designer-copy"> </div> <ul class="ac-designer-copy"> <li class="ac-designer-copy">What data our guest is looking at that suggests we are NOT headed for a massive depression</li> <li class="ac-designer-copy">Why our guest believes we have achieved herd immunity in several states, which may have a significant positive impact on the economy</li> <li class="ac-designer-copy">Why our guest believes the U.S. might be headed for some trouble, but in close to 10 years as opposed to right now</li> </ul> <span class= "ac-designer-marked-selection ac-designer-copy"><span class= "ac-designer-copy"><br class="ac-designer-copy" /> Learn more about our guest:<br class="ac-designer-copy" /> <a class="ac-designer-copy" href= "https://cashflowconnections.com/e143-should-we-use-japan-as-a-template-for-monetary-policy/" data-ac-default-color="1">Epi