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BCB055_LYN ALDEN: Uncertainty and Peril in Markets

Blue Collar Bitcoin

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The Economic Predicament of the Middle and Lower Class

lynn: We've really accumulated capital in the top ten %, especially the top one%. And we kind of threw the bottom 90% under the bus. So many of our exports become uncompetitive unless they're very high argein things like health care or soft ware. Emerging markets have trouble saving anything at all because real estate is not portable and fungable. They keep getting wiped out if they save in their local currency.

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