Sound Money Monthly (ed3) Debt's unequal impact on wealth

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Have you ever wondered why it’s challenging to buy a house and save for your family’s future in the 2020s? Here’s why: debt and its unequal impact on wealth. In this edition, I bring to you Red Rob, the temporary Marxist author of the Sound Money Monthly as we talk about wealth inequality. *Yes, I've changed the name. More on that next month. 

TLDR: Debt is a major driver of growing wealth inequality. Society will remain at loggerheads until the short-term policies which entice debt growth are removed. The solution is simple but politicians have no appetite for pain so we have to respond to their band-aid solutions: redistribute before you're forced to, think about alternative risk-taking and invest into lifeboats.                     Full article: https://soundmoneyinvest.com/?p=1739(15 minute read)

Summarised YouTube video

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Have a great weekend!