Guggenheim's Minerd Says Inequality, Unrest Greatest U.S. Economic Risks

Guggenheim's Minerd Says Inequality, Unrest Greatest U.S. Economic Risks

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Business, Social Studies

University

Hard

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The video discusses the pressure on bank stocks and the risks ahead, particularly focusing on income and wealth inequality in the United States. It highlights how current policies may exacerbate these issues, leading to social unrest and anarchy. The speaker draws parallels to the 1930s revolution, suggesting that significant policy changes could occur, impacting the economy unless addressed promptly.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical event does the speaker reference when discussing revolution?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is necessary for policymakers to address economic threats?

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