Canadian Beef
Summary
Scarlet Foo joins Slate Money Plus to discuss Meta’s $18 billion settlement over teen social media addiction, questioning its effectiveness given easy opt-outs. The hosts analyze escalating US-Canada trade tensions, including 50% tariffs and Trump’s erratic policies, before examining Treasury Secretary Scott Bessent’s controversial intervention in bond markets. Finally, they debate personal finance myths, such as the $30 million wealth threshold and the reality of the 9-to-5 workday.
Topics discussed
Introduction and Slate Money guest lineup
Meta's $18B settlement and teen social media restrictions
Social media's impact on teen mental health and AI shift
Trump tariffs on Canada and USMCA trade tensions
Treasury buybacks and Scott Bessent's market interventions
Personal finance: Wealth goals and 529 plan strategies
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