Independent thinking for complex markets and current events
Celebrities dropped massive cash on outfits and tickets to Jeff Bezos’ event while acting like they care about regular people and inequality. Protests outside chanted tax the rich while inside it was all excess. FUCK THE MET GALA Also, fuck any celebrity that paid 100,000 dollars to attend a Jeff Bezos event and act like …
Authored by Charles Hugh-Smith via oftwominds, In refusing to recognize that inequality had the potential to bring down the entire system, our delay has made that reckoning inevitable. The theme here is problems are not resolved, they’re papered over with profitable faux fixes. In my previous post, I described how the problem of our collective health crisis isn’t …
The Fed is ending QT on Dec 1st. If you think wealth inequality in the United States is bad now… wait until QE5. pic.twitter.com/tD6kz7ZuaF — Geiger Capital (@Geiger_Capital) October 29, 2025 HOLY SH**$CMG pic.twitter.com/olsjYrOqA3 — Just a Dude Who Invests (@DudeWhoInvests) October 30, 2025 Cars will be free in 5 years. Just grab one off …
The math is brutal, and yet no one is screaming it from the rooftops. Ninety-seven percent of all stocks are held by the top 10 percent of Americans. Half of all equities are concentrated in the hands of the top 1 percent. That leaves the bottom 90 percent with three percent, and if you do …
Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening Tech leaders have been quick to squash claims that their AI firms could one day cause significant unemployment. But Goodwill’s CEO Steve Preston says it’s already happening. The charity, which has over …
Wage growth for the poorest Americans has stalled dramatically while the wealthiest still pull ahead. The gap is widening fast—and Trump is squarely in the spotlight. “Wage growth for the lowest-paid quartile of U.S. workers slowed to 3.7 % in June, while pay for the top 25 % rose by 4.7 %” https://www.ft.com/content/cfb77a53-fef8-4382-b102-c217e0aa4b25 Almost 40 % of workers now …
The collective net worth of America’s top 12 billionaires now surpasses $2 trillion. Their combined wealth increased by more than $1.3 trillion, or 193 percent, between March 2020 and December 2024. https://t.co/SNS5Rgm7KO — Nomi Prins (@nomiprins) December 20, 2024
Think about income inequality in America and some archetypes easily come to mind. Start with a rich corporate lawyer, earning above the roughly $1m annual income (before taxes and transfers) that places a household in the top 1% of earners. At the other end of the scale, in the bottom 20%, a single mother with a …
https://twitter.com/RJRCapital/status/1815146948329939214 To afford a median home, you need to make more than 74% of the population assuming 30% gross wages attributable to shelter costs. So 26% of the US population can afford a MEDIAN home. Problem? 80% of those people already own a home. So a median home seller is trying to find… pic.twitter.com/4hj1PxYz8e — …
https://www.youtube.com/watch?v=gmnO4O1MBdM The decline of our country is explicit. While 99% of our population is struggling to adapt to the rising cost of basic necessities, the top 1% of ultra rich Americans has seen their wealth increase by nearly 500% over the past four years. Though an America where some have more money than others is …
Poverty in the United States (2/2) Since 1975, the percentage of the population living well below the poverty line has increased by 49%. Relative poverty is a measurement of income inequality within a social context. It does not measure hardship or material deprivation but… pic.twitter.com/rMCp5W9SOq — Reef Insights (@ReefInsights) March 20, 2024
via The Felder Report: Inequality is a topic that has gotten less attention in the years since the onset of the pandemic but signs suggest it may soon be thrust back into the center of the national conversation. A notable contrast to the inflationary period of the 1970s is the prominence of today's inequality problem. …
Global elite told at London’s Savoy hotel of real risk of ‘civil disruption’ if more is not done to help struggling millions At an investment conference organised by Spear’s wealth management magazine, members of the global elite and their financial teams were told by progressive advisers that there was a “real risk of actual insurrection” …
by Chris Black Bottom 50% of households hold only 3% of the wealth in this country. Surprise, surprise, all of the funding for all of the woke politics you all hate ALL comes from the right in order to get you to vote for them. Just ask yourselves why it’s the GOP that opposes the …