AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
35sec snip
Why Young People Are Worse Off Than Their Parents — and What to Do About it (from TED Talks Daily)
Prof G Markets
Embrace Disruption for Wealth Reallocation
Churning and disruption within markets are essential for redistributing wealth from established players to new entrants, reflecting a natural economic cycle. However, the response to crises often prioritizes the protection of wealth for the already affluent, as seen in the recent interventions to prevent significant market downturns like the Nasdaq crash. While such actions aim to safeguard individual wealth, they inadvertently contribute to a greater transfer of wealth during events like the COVID pandemic, which paradoxically resulted in personal gains for some even amidst global challenges.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode