The Pomp Podcast cover image

#1093 Giuliano Giacaglia On How A.I. Will Take Over Your Life

The Pomp Podcast

00:00

Why Is There So Much Debt in Cities?

Interest rates in the us are so low, and people can leverage up so much that real state becomes really expensive. With zero % interest rates here in the us, americans have a huge advantage compared to developing countries. In brazil, where i'm from, interest rates are much, much higher. But what's the difference between the average bBrazilian and the average American? It's not a much, right? Compared to the government of the us. Historically, sometimes the us hasiwas back and forth but defely, i think most peple sa, it's more stable. And so that's why interest rates are so low here.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app