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00:00 Intro
01:07 The Problem
01:26 Simple Explanation
03:30 It still doesn’t add up - what’s missing?
06:00 1st Unsustainable Trend
06:49 2nd Unsustainable Trend
07:38 3rd Unsustainable Trend
12:47 What does this mean for future returns?
16:27 Actions
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