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What does the concept of financial fragility refer to

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Question: For this week's discussion, you are asked to view the short PBS segment titled "Why so many Americans in the middle class have no savings". Access and answer the questions listed below:

1. What does the concept of "financial fragility" refer to? What is the relevance of financial fragility to those who experience it, as well as to society at large?

2. Describe three specific ways in which you believe the current state of boomers' financial challenges will impact future generations.

3. What recommendations do you have for millennials to avoid the economic pitfalls that their parents are currently facing? Be specific and exhaustive in your analysis. Use the concepts from the textbook to support your analysis.

Read and follow the Discussion Board Post Description & Grading Rubric to ensure your post and follow up comments meet all of the requirements noted there.

Reference no: EM132406906

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