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When Your Friends Are Richer Than You (EP.377)

Animal Spirits Podcast

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Navigating Debt and Home Equity

This chapter explores the debate between paying off mortgages versus leveraging home equity lines of credit (HELOCs), considering economic shifts and consumer behavior. It also examines the troubles faced by discount retailers such as Big Lots amidst changing market dynamics, scrutinizing both external economic factors and internal management issues. Lastly, the conversation highlights the contrasting success of Dollar General and Casey's General Store, revealing insights into consumer behavior across different income demographics.

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