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Long Global, Short USA (EP.251)

Animal Spirits Podcast

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Evolving Wealth and Spending Patterns

This chapter explores shifts in consumer spending on energy and food since the 1960s, and how preferences for larger vehicles reflect broader financial trends. It highlights the complex relationship between wealth, happiness, and frugality, questioning traditional views on financial success in the context of a changing economy. Additionally, it discusses the challenges of the current housing market and the innovative intersection of technology and philanthropy through platforms like Discord.

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