Interesting take on leveraged ETFs. I'm only using myself as an example here but I don't think they will ever become popular enough to cause any real damage to peoples finances. I'd never even bothered to look into these products until a couple of weeks ago and I'm a millennial (1990) who spends way too much of my spare time reading investment articles etc. As such I feel your average punter, whose less financially literate, is more likely to punt their money into cryptocurrency or meme commodities.

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