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Is $1 Million a Lot of Money? (EP.399)

Animal Spirits Podcast

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AI, Private Equity, and Labor Markets

This chapter explores the implications of AI and private equity on labor statistics amid demographic changes, particularly the retirement of Baby Boomers. It discusses the risks associated with B-REIT and Blackstone's investment strategies, emphasizing the sustainability of financial agreements and the challenges of achieving predicted returns. Additionally, personal experiences with home renovations illustrate the complexities of managing investment and contractor relationships.

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