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19min chapter
Recession Risks and The Fed’s Policies | Michael Green’s Critical Analysis
Wealthion - Be Financially Resilient
Economic Disparities and Fiscal Policy Challenges in the U.S.
The chapter explores the widening wealth gap in the U.S., leading to stresses among those not benefitting from economic growth. It discusses the impact of inflation, interest rates, and deficit sources, expressing concerns about addressing entitlements and the potential harm of raising interest rates. The conversation also delves into the risks of deficit spending under different administrations, the repercussions of past mistakes on rich individuals and the elderly, and the disconnect between the stock market and the real economy.
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