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7min chapter
#187 Michael Pento: A Triumvirate Of Bubbles Is Creating A Dangerous Situation For Markets And The Economy
The Julia La Roche Show
Economic Bubbles and Middle Class Strain
This chapter explores the troubling dynamics of various economic bubbles, with a focus on the real estate market's high prices relative to income. It emphasizes the risks of concurrent financial bubbles and their implications on the economy, particularly stressing the stress on the middle class amid rising inflation and declining purchasing power.
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