Comparison top 0,1% vs bottom 50% - 1990 to 2023

"Wealth inequality in the US is reaching alarming heights. A recent study reveals that the top 0.1% now owns as much as the bottom 90%. Over the last three decades, the richest fraction's share of household wealth skyrocketed from 7% to 22%.

Meanwhile, the majority grapple with rising debt and stagnant wages, leading to wealth erosion. The bottom 90%'s share plummeted from 36% in the mid-80s to a mere 23% in 2012. This growing financial divide highlights the urgency of addressing economic disparities."

The top 0,1% holds equal wealth as the bottom 90%.

* Music by LiteSaturation from Pixabay

[leonidasrahe]

Woher kommt das ganze geld.
Die haben doch garkein gegenwert in gold.
Alles nur buchgelder oder was geht hier ab.
Schöne wirtschaft

[dasbierinderhand]

Ein kleiner Schnipzel....Wo ist das zuvor zu sehen?