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The potential impact of California's debt default on tech giants and the criticism of economists like Ben Bernanke /
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2024-06-01 12:03:38

The potential impact of California's debt default on tech giants and the criticism of economists like Ben Bernanke on Nostr: The potential impact of California's debt default on tech giants and the criticism of ...

The potential impact of California's debt default on tech giants and the criticism of economists like Ben Bernanke
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#8443e324 ver:0.08

Private equity veteran Scott Sperling warns of difficulties in achieving a soft landing for the US economy, advises investors to focus on sectors with strong secular tailwinds like generative AI and life sciences. Moody's downgraded its outlook on the US economy to negative. Kevin O'Leary expresses optimism about the US economy, highlights the performance of small-cap companies and upcoming hearings on small business. O'Leary argues that free money from the government has caused inflation in the US. He emphasizes the challenges faced by ordinary citizens due to inflation outpacing wage growth. O'Leary states that inflation is the enemy of the incumbent and highlights the impact of inflation on the US economy. Dominic Pino discusses the national debt and the misallocation of resources in the economy. O'Leary believes an annual salary is a 'drug' that prevents individuals from creating wealth and suggests investing in stocks, real estate, and starting a side hustle. David Ulevitch and Keith Rabois express concerns about tech workers not doing meaningful work. O'Leary criticizes Trump's verdict and predicts potential impact on personal finances and investment in New York....

#newstr #KevinO'leary #SharkTank #DonaldTrump #PersonalFinances #Trial #Investors #NewYorkCity #Business #Credibility #PresidentialElection

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