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Business
South Carolina Business Review

Reconciling a good economy with potentially damaging headwinds

By Mike Switzer
Published September 1, 2026 at 6:30 AM EDT
Joey Von Nessen, chief economist at the Darla Moore School of Business at the University of South Carolina in Columbia, SC
Provided
Joey Von Nessen, chief economist at the Darla Moore School of Business at the University of South Carolina in Columbia, SC

$40 trillion in federal debt, high oil prices, more tariffs…are the headwinds facing our economy right now finally going to start causing causing enough damage to trigger a recession? Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business at the University of South Carolina in Columbia, SC.

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South Carolina Business Review SC Business Reviewbusiness newsbusinessMoore School of BusinesseconomytariffsDebtUniversity of South CarolinaSC News
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Mike Switzer
After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.
See stories by Mike Switzer