From Wolf Richter at Wolf Street
What’s shocking is the immense wealth disparity. the
Top 0.1%, about 130,000 households, hold nearly 13% of the total wealth.
The top 10% hold 56% of the total wealth. Their wealth compared to the
rest of the Americans, and especially the bottom 50% forms the immense
wealth disparity in the US:
The top 0.1% got even more fabulously wealthy during the Covid Scamdemic in 2020/21 with money being mailed to people and businesses. Everyone knows that Amazon, Google and all the online shopping companies and their owners got fabulously wealthy. And they haven't given it back yet. I doubt that they ever will.
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