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bubmag

The poorest half of Americans have nothing left, so now the 1%’s growth comes from the upper middle class Jamal Khashoggi

The poorest half of Americans have nothing left, so now the 1%’s growth comes from the upper middle class

The Fed's latest figures on American household wealth paint a rosy picture -- in the aggregate. US households now own a record-breaking $107T worth of assets! But drill into those figures and you'll notice that almost all of this new wealth has landed in the…
bubmag
November 14, 2019
Rise of the machines postponed: Boeing relies on humans again after robots fail its 777X jet fuselage assembly Boeing 737max

Rise of the machines postponed: Boeing relies on humans again after robots fail its 777X jet fuselage assembly

America’s biggest aerospace corporation has finally dumped the robots that were used to assemble two main fuselage sections on the Boeing 777 and 777X long-haul airliners, according to Bloomberg. Awkwardly called FAUB, or Fuselage Automated Upright Build, th…
bubmag
November 14, 2019