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How To Prepare For The GLOBAL RECESSION & Build Wealth In The Process! | Raoul Pal

Tom Bilyeu's Impact Theory

CHAPTER

Understanding Debt and Leverage

This chapter examines how millennials navigate debt and leverage, emphasizing the allure of immediate gratification through financial decisions like luxury purchases and investments. It reflects on personal experiences with leverage, particularly during the housing boom and the 2008 financial crisis, while also contrasting the handling of debt between the US and Europe.

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