6 Comments
May 29Liked by Dr. Abdullah Al Bahrani

Some research shows that the cost of borrowing hurts people's perception of the economy. A lot of people buy things using credit, and interest rates have soared. That's not reflected in the inflation rate, but it certainly affects the cost of living.

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Great point.

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I like the reminder about self-fulfilling prophecies. This is one where a lot of people would rejoice for being part of a group that called for a recession early on

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Yes, that will happen. Looking forward to catching up in person today.

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Thanks for debunking these misconceptions.

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Most welcome. Feelings are important but it’s important to base them on the facts.

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