Canadian Beef
Summary
Slate Money Plus hosts discuss Meta’s $18 billion settlement over teen social media addiction, questioning its effectiveness given opt-out clauses and age verification loopholes. They analyze the escalating US-Canada trade war, highlighting Trump’s 50% tariffs on USMCA-covered goods and vehicles, and Canada’s retaliatory measures. The episode also covers Treasury Secretary Scott Bessent’s controversial intervention in the bond market to suppress yields, drawing criticism from financial experts. Finally, the hosts debate the "magic number" for financial freedom and the erosion of the traditi…
Topics discussed
Introduction and Slate Money guest lineup
Meta's $18B settlement over teen social media use
Social media addiction, AI, and legislative challenges
US-Canada tariff disputes and auto industry impacts
Treasury bond buybacks and Scott Bessent's strategy
Personal finance: Wealth targets and 529 plans
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