The #1 Wealth Killer & Why The Jobs Report Is Broken

Mar 19, 2024

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Chris, Saied and the spirit of Haroon are back at it and still playing with an updated beta version of the format for "The Higher Standard" podcast. We are trying to hit you right in the face before the intro, before the shenanigans with useful financial literacy. We are still going to get in to current events and our take, but we want to make sure that each and every single one of you find value within each episode. So, please let us know what you think. We start off today's show with the #1 one killer of wealth. Auto debt can be way more deadly to your financial prosperity than you know. In breaking this all down, Chris and Saied share their mistakes along the way. Then they hop on over to a detailed breakdown on why the jobs report is broken and why the numbers you are hearing do not match the reality of the world around you.

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Resources:

February jobs report: US economy adds 275,000 jobs, unemployment rate hits 3.9% (Yahoo! Finance)

Inside The Most Ridiculous Jobs Report In History: Record 1.2 Million Immigrant Jobs Added In One Month (Zero Hedge)

Employment numbers actually fell (The Kobeisissi Letter via X)

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