#647: How Globalization Destroyed American Manufacturing with Infra
TFTC: A Bitcoin Podcast
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Globalization, Wealth Inequality, and Young Generations
This chapter explores the economic impacts of globalization and immigration on wage deterioration in American manufacturing and the resulting income inequality. It delves into the challenges faced by younger generations in a post-recession economy, including stagnant wages and the rising cost of living, while also addressing their shift towards high-risk financial behaviors. The conversation emphasizes the need for alternative economic frameworks and the importance of understanding financial complexities as they relate to broader societal issues.
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