PBD Podcast Bill Maher on WEF, Donald Trump vs Robert DeNiro, Derek Chauvin Stabbing | PBD Podcast | Ep. 336
Dec 6, 2023
In a lively discussion, the hosts tackle Bill Maher's views on education and patriotism. They dive into a fierce exchange between Donald Trump and Robert DeNiro, revealing the complexities of celebrity confrontations today. The shocking stabbing incident involving Derek Chauvin adds a dark twist, sparking debates about justice and accountability. Economic trends, including rising consumer debt and the implications of interest rate changes, make an appearance. The conversation weaves humor with serious reflections on politics, personal relationships, and the evolving landscape of public discourse.
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Interest Rate Cuts
- The Federal Reserve is predicted to cut interest rates six times in 2024, according to ING.
- This could stimulate the market and potentially increase real estate prices.
Credit Card Debt Crisis
- Americans have accumulated $1 trillion in credit card debt, with interest rates averaging 22%.
- This debt is fueled by increased spending and high borrowing rates, despite rising costs of living.
BNPL Boom
- Buy Now, Pay Later (BNPL) services are gaining popularity, with $7.3 billion spent through them this holiday season.
- This increase is attributed to consumers bypassing credit checks and opting for seemingly lower interest rates.
