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TIP505: The Price of Time w/ Edward Chancellor
We Study Billionaires - The Investor’s Podcast Network
The Psychology of the 2% Tipping Point
John Fulton, who turned banker claimed that 2% was the tipping point into financial folly. Recent research suggests it's not 2% yield, but actually a 3%. And we see, and as I described in the book, after global financial crisis, the lowest interest rates in five millennia, all sorts of risk would take them. So Badget deserves great credit for making this early connection.
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