Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

The Biggest Wealth Transfer in History is Upon Us - Here is What it Means

The Biggest Wealth Transfer in History is Upon Us - Here is What it Means

FromEconomics Explained


The Biggest Wealth Transfer in History is Upon Us - Here is What it Means

FromEconomics Explained

ratings:
Length:
16 minutes
Released:
Sep 8, 2020
Format:
Podcast episode

Description

The wealthiest generation in history is starting to retire, and die.  In doing so they will be responsible for the greatest wealth transfer in history, as they pass along a collective 30 trillion dollars to their beneficiaries over the next few decades, just in the United States alone.    
That kind of capital movement is going to have some extremely significant impacts on the economy some of which we are already starting to feel.
Released:
Sep 8, 2020
Format:
Podcast episode

Titles in the series (100)

On Economics Explained, we take a look at interesting countries, policies, and decisions from the point of view of an economist. The world is an interesting place and we hope to uncover some of this intrigue in our short, informative podcasts.