Assuming “phenomenally well” means what it says, the conversation would have suddenly gotten a lot more real if she had said that more precisely: “I don’t know what your kids are going to do for work.”

Yeah. Her kids will be fine with generational wealth. Everyone else's - not so much.

This is the problem in a nutshell - people are happy to do things they know are harmful for personal profit.

Totally. And yes you got it.