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Black Wealth Decrease
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In 2021, the "spending power" of black America reached an all-time high of $1.6 Trillion. The problem is black wealth decreased by 14%. Black America is spending more than ever, but they are also not saving and investing most of their money. The black middle class is predicted to be eliminated by the year 2053. With the presence of COVID-19 in addition to blacks spending more money than ever, will we spend ourselves into poverty? How will we close the wealth gap if we are not saving and investing our money? Tune in to get the full story!!
