I have just enough economics background to understand most of what was said, but not enough to understand it all, or even explain what I understood as it went by. Now that I've watched, I also have to read the transcript, follow links in the show notes, and download Gromen's PDF book from fftt. Should seniors living on their investment funds divest? Should mid-career professionals withdraw from their 401Ks? Then what do you do with the cash? Should we pay off our 2% mortgages? Medicare is a problem, but what will happen to private insurance? What do we do with all our tiny suburban yards that can barely provide regular salad? Hard to know how to respond.
I wish I understood economics enough to grasp the scenario presented here. Could you talk about it again in a subsequent podcast at an Econ101 level? It was sobering and riveting!!
I have just enough economics background to understand most of what was said, but not enough to understand it all, or even explain what I understood as it went by. Now that I've watched, I also have to read the transcript, follow links in the show notes, and download Gromen's PDF book from fftt. Should seniors living on their investment funds divest? Should mid-career professionals withdraw from their 401Ks? Then what do you do with the cash? Should we pay off our 2% mortgages? Medicare is a problem, but what will happen to private insurance? What do we do with all our tiny suburban yards that can barely provide regular salad? Hard to know how to respond.
I wish I understood economics enough to grasp the scenario presented here. Could you talk about it again in a subsequent podcast at an Econ101 level? It was sobering and riveting!!