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29min chapter
Over-Leveraged Consumers & Corporations Pose The Biggest Threat To the Economy | Neely Tamminga
Thoughtful Money with Adam Taggart
Navigating the Complex US Consumer Landscape
The chapter explores the intricate layers of the US consumer landscape in 2024, discussing the financial disparities among different groups like Millennials, retirees, and leveraged consumers. It highlights the impact of factors such as rising living costs, stagnant wages, and changing economic trends on consumer behavior. The conversation delves into concerns about over-leveraged Gen Zers, contrasting spending habits of millennials and boomers, and the potential economic implications of the 'buy now, pay later' trend.
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