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Jamal Khashoggi

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