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The Single Tax, Gambling on Margin, The $200K 22 year old | Ep 57
In Episode 57 of the Personal Finance Club Show, Jeremy and Jenn kick off with some travel banter about running to their airport gate and review recent audience poll results before opening "Scroll Patrol" to react to online money advice. In "Hot Topics," they dive into a dark new trend: margin trading on prediction markets. Jeremy breaks down how combining high-risk speculative betting with borrowed funds acts as a dangerous multiplier, comparing it to racing a superbike on meth, and warns how these predatory financial products disproportionately drain wealth from everyday users.
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