Michael Green: The Stock Market Is Now A Giant Ponzi Scheme
Thoughtful Money with Adam Taggart
00:00
Impending Financial Crisis and Inequality Concerns
The imminent threat of a financial crisis looms due to the demographic shift, particularly with the boomers retiring in large numbers, potentially leading to a downward spiral. There is a growing concern over wealth inequality, where 93% of financial assets are owned by just 10% of households, perpetuating a cycle of wealth concentration that may provoke a drastic change in regulatory policies or spark a rebellion before the retirement wave of boomers hits in the next decade or so.
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