wsj.com
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WSJ: "The top 10% of earners in the U.S. now account for 49.7% of all spending, a record in data going back to 1989. Three decades ago, they accounted for about 36%."
It is surging stock and property markets that seem to drive their disproportionate... See more
Michael Pettisx.comThe ranks of the billionaire class last year grew by just over 200 to nearly 2,770 people. Their wealth skyrocketed by $2.1 trillion — three times faster than the year before — to a total of $15 trillion. In the United States alone, where 816 billionaires reside, the net worth of this group soared by $1.4 trillion.
What’s more, if any of the 10... See more
What’s more, if any of the 10... See more
Get ready for the world’s first trillionaires | CNN Business
The U.S. Economy Depends More Than Ever on Rich People