Moody’s estimates the top 10% of earners account for about half of all consumer spending
The only thing of value from this "article".
To put the above into perspective, there are now more private equity funds than there are McDonald's in the US. Our economy consists of the asset-owning class jerking off to paper gains and rent-seekers services catering to them.
The only thing of value from this "article".
To put the above into perspective, there are now more private equity funds than there are McDonald's in the US. Our economy consists of the asset-owning class jerking off to paper gains and
rent-seekersservices catering to them.