The top 10% of richest Americans own 87% of stocks.
The top 1% alone own roughly half of all stocks.
It's worth pointing out once again that the stock market is not the economy.
The top 10% of richest Americans own 87% of stocks.
The top 1% alone own roughly half of all stocks.
It's worth pointing out once again that the stock market is not the economy.
@rbreich What about something like..
The .% of the total population owns ..% of the total wealth
"wealth distribution pyramid in 2020 shows that the richest group of adult population (1.1%) owns 45.8% of the total wealth"
Communism is totally not an option but capitalism as is failed drastically