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Economic Slowdown and Wealth Inequality
Exploring the impact of a slowing economy on regular investors and wealth-building, the chapter discusses widening wealth gaps, high inflation rates, and the influence of wealth inequality on interest rates. The conversation contemplates how economic factors like tariffs and interest rate hikes could impact the wealth gap and income inequality over the next decade. Emphasis is placed on the importance of risk management and capital preservation in uncertain economic times, especially related to the upcoming US election's impact on financial markets.