- Joined
- Feb 12, 2013
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- 160,900
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- Political Leaning
- Centrist
It's almost a sure bet that you're in, if you own your own home, have a 401K, an investment account or a couple nice new cars.
So, what was all this garbage about make America great again? Oh, yeah. It was political fodder for the suckers to buy into, of course.
A net worth of $93,170 U.S. is enough to make you richer than 90 percent of people around the world, Credit Suisse reports. The institute defines net worth, or "wealth," as "the value of financial assets plus real assets (principally housing) owned by households, minus their debts."
More than 102 million people in America are in the 10 percent worldwide...
These numbers reflect the extreme level of persistent wealth inequality. As Credit Suisse puts it, "While the bottom half of adults collectively owns less than 1 percent of total wealth, the richest decile (top 10 percent of adults) owns 85 percent of global wealth, and the top percentile alone accounts for almost half of all household wealth (47 percent)."
https://www.cnbc.com/2018/11/07/how...percent-worldwide.html?recirc=taboolainternal
So, what was all this garbage about make America great again? Oh, yeah. It was political fodder for the suckers to buy into, of course.