Jerremy and Dave hear from James Klein on why a recession is likely 3-6 months away with conditions like the Jimmy Carter era. Sustained high oil prices will drive inflation and limit rate cuts. AI helps with repetitive work but creates garbage output and favors a few big companies. Klein argues trades are understaffed and entrepreneurship is far harder than the hype suggests.

Timestamps:

• (00:00) The recession is already showing signs and capital will decide who survives it
• (00:19) 3-6 months until a painful 1970s-style downturn with job losses ahead
• (00:45) Oil prices, inflation and interest rates created long recessions before 2008
• (06:37) AI won't save the job market or replace the need for real skills
• (07:24) Practical AI use cases exist but most applications are pure hype
• (11:12) Rapid AI change mostly consolidates power with a handful of monopolies
• (14:27) Trades represent the practical third door when entrepreneurship fails

Connect:

• James Klein – LinkedIn

🌍 Connect with us: Instagram | YouTube | X

🎧 Listen to Episodes → Here