5min chapter

The Jordan Harbinger Show cover image

613: Ray Dalio | Why Nations Succeed and Fail

The Jordan Harbinger Show

CHAPTER

The Wealth Gap in an Economic Downturn

A lot of people are arguing, will look, the economy's doing great, but i think the real danger here is the wealth gap. I grew up middle class, like probably most people listening to this. And a lot of my friends who grew up next door to me, maybe even we're a little better off, or at least had more stuff growing up. Now, they are either middle class, working class, lower middle class, whatever you want to call it. Very few of them count on sort of one hand the people who have really crushed it. They've dropped below 25%. So high school students in richest state in the country are moving from new places and yifornia

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