daylatedollarshort
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 19, 2013
- Messages
- 9,358
And on a related note,
"The rich are going to keep getting richer all over the world, pretty much just as French economist Thomas Piketty describes in his bestselling book Capital In The Twenty-First Century, stock market strategists at Bank of America Merrill Lynch wrote in a new report. But don't despair, the bank added, there are several ways for investors to profit from the trend."
"The U.S. has some of the highest inequality in the world, and it's rising."
Big Bank Explains To Rich People How To Profit Off Inequality
(I added the bolded part. This isn't socialist envy and bitterness towards the wealthy from Occupy Wall Street types. This is simply the reality according to Bank of America Merrill Lynch analysts.)
I think the current issue isn't so much wealth inequality, but the degree of it. We're reverting back to pre-1930s depression levels, like in the chart on the top right of this page -
http://robertreich.org/post/82938136466
"The rich are going to keep getting richer all over the world, pretty much just as French economist Thomas Piketty describes in his bestselling book Capital In The Twenty-First Century, stock market strategists at Bank of America Merrill Lynch wrote in a new report. But don't despair, the bank added, there are several ways for investors to profit from the trend."
"The U.S. has some of the highest inequality in the world, and it's rising."
Big Bank Explains To Rich People How To Profit Off Inequality
(I added the bolded part. This isn't socialist envy and bitterness towards the wealthy from Occupy Wall Street types. This is simply the reality according to Bank of America Merrill Lynch analysts.)
I think the current issue isn't so much wealth inequality, but the degree of it. We're reverting back to pre-1930s depression levels, like in the chart on the top right of this page -
http://robertreich.org/post/82938136466
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