Keeping Bankrupt with the Joneses
from We Have Concerns Hosted by Jeff Cannata/Anthony Carboni
A new study from the Federal Reserve Bank of Philadelphia found that neighbors of lottery winners are unusually likely to go bankrupt, and the larger the lottery prize, the more likely bankruptcy becomes. Jeff and Anthony talk about keeping up with the Joneses, and Appleby's riblets. There's a surprising amount of discussion of riblets. We Have Concerns is entirely listener supported! To keep us ad-free and get early episodes/bonus content, check out our Patreon: http://patreon.com/wehaveconcerns Get all your sweet We Have Concerns merch by swinging by http://wehaveconcerns.com/shop Hey! If you’re enjoying the show, please take a moment to rate/review it on whatever service you use to listen. Here’s the iTunes link: http://bit.ly/wehaveconcerns And here’s the Stitcher link: http://bit.ly/stitcherwhc Jeff on Twitter: http://twitter.com/jeffcannata Anthony on Twitter: http://twitter.com/acarboni Today’s story was sent in by Michael Vinholt: http://www.vox.com/2016/2/23/11095102/inequality-lottery-bankruptcy-study If you’ve seen a story you think belongs on the show, send it to [email protected] or leave it on the subreddit: http://reddit.com/r/wehaveconcerns Support the show and get bonus episodes, videos, Discord community access and more! http://patreon.com/wehaveconcerns Jeff on Blue Sky: https://bsky.app/profile/jeffcannata.bsky.social Anthony on Blue Sky: https://bsky.app/profile/acarboni.bsky.social
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What this episode covers
A new study from the Federal Reserve Bank of Philadelphia found that neighbors of lottery winners are unusually likely to go bankrupt, and the larger the lottery prize, the more likely bankruptcy becomes. Jeff and Anthony talk about keeping up with the Joneses, and Appleby's riblets. There's a surprising amount of discussion of riblets.
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