GiddyGap@lemm.ee to News@lemmy.world · 1 year agoThe rich now own a record share of stockswww.axios.comexternal-linkmessage-square12fedilinkarrow-up1139arrow-down14cross-posted to: news@lemmy.world
arrow-up1135arrow-down1external-linkThe rich now own a record share of stockswww.axios.comGiddyGap@lemm.ee to News@lemmy.world · 1 year agomessage-square12fedilinkcross-posted to: news@lemmy.world
minus-squareChocoboRocket@lemmy.worldlinkfedilinkarrow-up7arrow-down2·1 year agoHasn’t that always been the case? People with the most wealth always own the most assets. Aside from when they sell at the top before economic downturns anyhow
minus-squarenicetriangle@kbin.sociallinkfedilinkarrow-up9·1 year agoBy record share they mean that there has not been a time prior to now in which they’ve owned a percentage as high as they currently do. The graph in the article makes that pretty easy to understand.
Hasn’t that always been the case? People with the most wealth always own the most assets.
Aside from when they sell at the top before economic downturns anyhow
By record share they mean that there has not been a time prior to now in which they’ve owned a percentage as high as they currently do.
The graph in the article makes that pretty easy to understand.