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In this episode of The Higher Standard podcast, Chris, Saied, and Haroon dive into the timeless lessons of Robert Kiyosaki's "Rich Dad, Poor Dad," reflecting on the book’s enduring insights into wealth-building strategies. While they acknowledge the value of its principles, the hosts candidly express their mixed feelings about Kiyosaki’s modern-day social media persona, suggesting that his transformation might have taken some of the shine off his original teachings.
➡️ The conversation then shifts gears to current events, where the trio tackles the latest Bureau of Labor Statistics data, followed by a deep dive into the startling news that the U.S. economy created 818,000 fewer jobs than initially reported. They discuss the implications of this revision, including the Fed confronting the reality of potentially losing up to a million jobs in their forecast. On a lighter note, the hosts sprinkle in some pop culture commentary, from Ashanti and Nelly's baby news to the potential $550 million fallout from a rumored Jennifer Lopez and Ben Affleck divorce, and even a nod to Lil Jon's surprise appearance at the DNC. As always, Chris, Saied, and Haroon deliver sharp insights with their signature wit.
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🔗 Resources:
Bureau of Labor statistics shenanigans (ZeroHedge via X)
Fed Confronts Up to a Million US Jobs Vanishing in Revision (Bloomberg)
US economy created 818,000 fewer jobs than previously reported (Fox Business)
⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.