Tag: Personal Finance
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PF1: Most Americans Have No Idea What’s Coming Very Soon!
Key Takeaways 1. Historical Perspective: • The speaker references the Great Depression, noting that home and equity values dropped by 80-90% in some areas, highlighting the volatility of asset values. 2. Wealth Measurement Critique: • There is criticism of how wealth is measured in the U.S., particularly by using real estate and pensions as metrics.…