It’s Not Panic—It’s Payroll
24:12–25:28 · 76s
Patrick argues outflows in crashes aren’t just fear; they’re driven by correlated income shocks and fixed expenses, shifting the conversation from behavior to necessity.
24:12–25:28 · 76s
Patrick argues outflows in crashes aren’t just fear; they’re driven by correlated income shocks and fixed expenses, shifting the conversation from behavior to necessity.
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