Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Nik answers the question everybody is wondering: is 2024 going to bring a recession along with it? He goes through economic data on the consumer, housing, business sentiment, and manufacturing and determine that the economy is showing many signs of recession despite some bright spots. Nik also shows us the massive inflow into cash instruments which generally indicates investor fear.
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