Reported 2 days ago
Kevin O'Leary, the star of 'Shark Tank,' warns that rising interest rates and ongoing inflation will lead to a 'downsized America,' especially for younger generations. He predicts people in their early 20s may experience a lifestyle that's about 20% less affluent than in previous years. O'Leary advises individuals to adjust their finances, potentially consult financial advisors, and explore debt-reduction strategies, while also considering inflation-resistant investments like real estate.
Source: YAHOO