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When economic mobility falls this low, financial stress skyrockets
∙ Paid
When it feels impossible to rise up the economic ladder, financial nihilism sets in. People turn the economy into a casino, they make short-term trade-offs that negatively impact long-term prosperity, and they believe that everyone is better off than they are. It was great to connect with Hanna Horvath about how this is materializing in everyday conversations with p…
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