Real Wealth Show: Real Estate Investing Podcast Beyond the Headlines: Inflation, Housing & Economic Myths With Dr. Thornberg
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Nov 19, 2025 Dr. Chris Thornberg, an esteemed economist and founder of Beacon Economics, joins Kathy Fettke to dissect economic myths around inflation and housing. He argues that Gen Z is unexpectedly wealthier than portrayed, thanks to technology. The discussion also covers how misinformation fuels public perception and the dangers of overconsumption and trade deficits. Thornberg warns of a possible economic crash due to AI-fueled bubbles, advocating for hard assets and caution among investors. A data-driven exploration of today's economic landscape.
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Younger Workers Are Surprisingly Wealthy
- Gen Z is wealthier in real terms than previous generations at the same age, often earning more and working fewer hours.
- Chris Thornberg argues perception is driven by information overload and negative narratives, not objective economic data.
Kids Don't Recognize Old Tech Habits
- Thornberg recounts reading about long-distance calls to his seven-year-old who was baffled by the concept.
- The exchange highlights how rapidly technology changed daily life across generations.
Information Overload Fuels Miserablism
- Unlimited internet access amplified confirmation bias, creating polarized perceptions detached from data.
- Thornberg argues this 'miserablism' narrative causes people to believe society is worse despite objective improvements.