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Breaking News #17: The Rise of Financial Nihilism

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Manage episode 406500677 series 1080273
Content provided by Epsilon Theory and Ben Hunt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Epsilon Theory and Ben Hunt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Younger generations today feel like they don't have a chance. Whether it be rising home prices or income and wealth inequality, they feel that they are starting with a significant disadvantage relative to older generations. One of the responses to this has been to resort to more aggressive gambling when it comes to their investments and their lives. Whether it be sports gambling or investing in riskier investments, some have sought to overcome their starting position by making risky bets. In this episode, we take a deep dive into this idea of financial nihilism and look at its real world implications. We also discuss Elon Musk's treason allegations against Joe Biden and also look at the amazing behind the scenes story of the creation of the song "We Are the World."
  continue reading

124 episodes

Artwork
iconShare
 
Manage episode 406500677 series 1080273
Content provided by Epsilon Theory and Ben Hunt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Epsilon Theory and Ben Hunt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Younger generations today feel like they don't have a chance. Whether it be rising home prices or income and wealth inequality, they feel that they are starting with a significant disadvantage relative to older generations. One of the responses to this has been to resort to more aggressive gambling when it comes to their investments and their lives. Whether it be sports gambling or investing in riskier investments, some have sought to overcome their starting position by making risky bets. In this episode, we take a deep dive into this idea of financial nihilism and look at its real world implications. We also discuss Elon Musk's treason allegations against Joe Biden and also look at the amazing behind the scenes story of the creation of the song "We Are the World."
  continue reading

124 episodes

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