The American Dream Was Built To Make Banks Rich

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About this episode

In this episode of Going Public with Ross Mandell, Ross sits down with John McGuire for a powerful conversation about mortgages, home ownership, real estate, debt, banks, financial education, and the truth behind the American Dream. For generations, Americans have been told that buying a home is the safest path to building wealth. But is your home really an asset — or is it a liability designed to keep you paying banks for decades? Ross and John break down why the traditional mortgage system may benefit banks more than homeowners, why paying off your mortgage may not always be the smartest financial move, and how people should think differently about equity, debt, interest, and wealth…