Poverty is NOT a choice. It’s a Trap! And the way out isn’t what you think. Forget everything you know about poverty. In this episode, we’re going to challenge assumptions and discuss the traps that keep millions stuck in a cycle of desperation. We start with the story of an 11 year-old girl named Dasani who was the oldest of 8 children. Her parents were addicts and that landed the family in a dangerous homeless shelter in Brooklyn, NY.
We discuss some very common poverty traps in America and we try to answer this burning question: Is there a way to break the cycle?
Reference Material: Dasani's Story, New York Times, by Ruth Fremson, Dec 9, 2013.
Chapters
00:00 - Welcome
00:12 - Introduction
00:44 - Story of an 11 Year-Old Homeless Girl
03:21 - Financial Poverty Traps
14:00 - Behavioral Poverty Traps
16:06 - The Biggest Contributor to Poverty
18:56 - Poverty Traps that Impacted Dasani
23:20 - Pundits & Politicians at Odds
24:25 - Group A
26:11 - Group B
28:52 - Does a Silver Bullet Exist?
38:04 - How To Break the Cycle of Poverty
48:37 - Closing Thoughts
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