I will explain to you a strategy that’s known as asymmetric risk. 30 to 1 odds.
“90 Million Americans in Financial Distress: Unmasking the Realities of the Post-COVID Economy”
Description:
“Digging deep into the recent US Census Bureau report that reveals an alarming 38.5% of American adults – almost 90 million people – are struggling to cover their usual household expenses. As the economic aftermath of the COVID-19 pandemic continues to ripple through the nation, we explore why more people are struggling financially now than during the height of the pandemic.
We’ll take a closer look at the geographical disparities in financial hardship and how credit card debt has become an unfortunate lifeline for over 25 million households. With credit card interest rates soaring above 20%, the future looks challenging.
Join us as we discuss potential solutions and share expert insights on managing personal finance in these tough times. Don’t forget to like, comment, share, and subscribe to stay updated with the latest economic trends and tips.
#USEconomy #FinancialHardship #CensusReport #CreditCardDebt #PersonalFinance”
TOPICS AND TIMESTAMPS:
90 Million Americans 0:00
Can’t Fix This 7:13
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Sources Used in This Video:
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#money #inflation #investing