Avoid This Money Trap Now (how to escape going broke). Why is it that 95% of people fail to save any money, remain poor and some go broke? What are the mistakes people make in spending money and what are the real causes for this? Economist Juliet Schor explains in this interview how a culture of consumerism and competitive consumption shapes people's desires - and how it prevents people from saving any money and achieving wealth. Video by Alessio Rastani.
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