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Wealth and Social Mobility – Your Broke Friends Are Costing You!
TFG is back! And even Shadier than ever?! The crew discusses the impacts of social mobility referencing the research study from The Opportunity Atlas; due to economic connectedness. Economic Connectedness (EC) is based on the extent of friendship across class lines. Social capital is just as important as capital, the crew takes a deep dive into life trajectories and what happens when one interacts outside of their communities to develop a better sense of self. Turns out, keeping poor company can make you or keep you poor in the long run.