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Is Financial Education Working? (EP.413)

Animal Spirits Podcast

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Wealth Insights and Economic Dynamics

This chapter explores key concepts from influential personal finance books, emphasizing how a small group of self-employed individuals contribute significantly to U.S. millionaires. It examines the evolving landscape of wealth accumulation, the role of medium-sized businesses, and changing consumer habits in the restaurant industry amid rising convenience demands. Additionally, the discussion highlights the impact of demographic shifts on the housing market, focusing on home equity held by baby boomers and the challenges faced by younger generations in achieving homeownership.

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