136 - What the Pope told Mack!

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 13 May 2021

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As wages stagnate but house prices rise, a new class will emerge, beneficiaries of the housing boom, an inheritance class. As the younger generation falls behind, they will become more dependent on inheriting wealth, normally via parent's houses. This will create a drone class without the get up an go of previous strivers. We are already seeing it in some countries: you can go backwards. Also a conversation I had with the Pope, yes Francis himself about exactly this!

Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0	If you want this podcast free of ads, follow us now on patreon.com forward slash David Mac Williams.
0:09.4	How did the dog sneak out? When did that parcel vanish? Who was outside last night?
0:16.7	Arlo doesn't miss a thing. From 4K cameras to powerful AI detection,
0:22.4	Arlo makes a watched over space a safer space.
0:26.5	Arlo, 10 years of innovation
0:28.7	in one powerful security system.
0:33.1	Save 20% on selected products with the code Arlo 20 at Arlo.com.
0:38.3	Conditions apply.
0:40.3	Moving money used to be slow.
0:46.3	But now you can move money fast with Visa Direct.
0:53.3	Meet the need for speed, even across more than 11 billion cards, accounts and wallets.
1:01.6	Move money your way.
1:03.7	Learn more at Visa.com slash Visa Direct.
1:16.0	What in the world is happening on Wall Street? Economic indicators.
1:17.7	Who knows where this is going to end up?
1:19.7	To understand the economy, you have to understand human nature.
1:25.7	This podcast is powered by ACAST.
1:31.4	John is talking, how are you doing there?
1:33.1	It's podcast time.
1:33.8	We're talking about colourful cousins.
1:35.7	We mightn't give details, but what I love about Irish families.
1:39.1	There's skeletons in the cover.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from David McWilliams, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of David McWilliams and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.