3. The Rich vs the Middle Class - America’s Wealth Gap Problem w/ Bethany LaFlam
Saving Capitalism
English - July 06, 2023 06:01 - 56 minutes - 106 MB - ★★★★★ - 521 ratingsInvesting Business investing realestate business realestateinvesting entrepreneur cashflow interview apartmentinvesting finance wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
You might've heard that the top 1% is crushing the other 99% of people. Are the ultra wealthy taking over?
Social mobility is a measure of movement of people within a country’s socio-economic status. It’s an expression of how easy or difficult it is for one to move up (or down) a social class.
That’s why there are sayings like “go to college, get a ‘real’ job,” and “you should be a doctor or lawyer.”
When we look at the laws and regulations built in the US, there is an obvious predisposition against those who do not have money. The law assumes that if you have money, you must be smart. And if you don’t have money, you must be stupid - this is not always the case. But this is what’s inherently taught.
This might be risky, but I’m bringing Bethany LaFlam, my attorney, on this episode to shed some light into the rules and regulations placed on financial freedom.
Article discussed in the podcast: https://www.wsj.com/articles/a-housing-bust-comes-for-thousands-of-small-time-investors-3934beb3
Follow Bethany on Insta: https://instagram.com/bethany_laflam?igshid=OGIzYTJhMTRmYQ==
Find this podcast on YouTube: https://www.youtube.com/@SavingCapitalism
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