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There Are Too Many Rich People (EP. 421)

Animal Spirits Podcast

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The Economic Squeeze of Middle-Class Families

This chapter examines the financial struggles of middle-class families facing college expenses, highlighting the challenges of those earning between $100,000 and $400,000. It contrasts these challenges with the notion of wealthy individuals as victims, stressing that their struggles are less severe compared to those with lower incomes. The discussion also touches on the role of AI in education, competition in the tech sector, and the evolving dynamics of the job market due to AI advancements.

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