Being black means that building wealth is a totally different experience
Episode description
Today on my podcast, I spoke about a few factors that impact the wealth building journey of black people in America and beyond.
The first thing on my mind is that the stock market just had its worst quarter since 2020 with many major tech companies taking a severe nosedive. Making matters worse is that inflation is at its highest level in the last 40 years. Supply chain issues impacting inflation are only made worse by the war in Ukraine.
I then thought about the black wealth building experience and the unique challenges that black people face when it comes to building our economic armies for the future. This requires us to have specialized solutions to solve our problems, rather than generic ones. Most universities don't specially explain how black people, in the face of systemic racism, low inheritance levels and a myriad of social problems, can break generational curses and create opportunity where there is none.
This is on my mind today and that's what I spoke about on my podcast. You can watch the video here.
Sincerely,
Dr Boyce Watkins