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Yoloing & Philanthropy | Group Chat News Ep. 891

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Wealth Transfer and Economic Trends

This chapter explores the contrasting dynamics of generational wealth transfer, particularly the impending $90 trillion inheritance from Baby Boomers to Millennials and Gen Z. It humorously addresses the current spending habits of Boomers who prioritize experiences over passing down wealth, raising questions about the future financial landscape for younger generations. Additionally, the discussion highlights the challenges faced by the restaurant industry and the broader economic implications in light of recent bankruptcies and consumer behavior shifts post-COVID.

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