@return2ozma to News • 11 months agoThe rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%www.axios.commessage-square106arrow-up1671arrow-down116cross-posted to: [email protected][email protected]news
arrow-up1655arrow-down1external-linkThe rich now own a record share of stocks, about 93% of U.S. households' stock market wealth is held by the top 10%www.axios.com@return2ozma to News • 11 months agomessage-square106cross-posted to: [email protected][email protected]news
minus-square@Wrenchlink5•11 months agoAlmost like it’s clickbait designed for echo chambers like eattherich. Don’t get me wrong, fuck the rich. But bold claims like this need to show their methodology. Hiding it is sus.
minus-squarephillaholiclinkfedilink2•11 months ago“The 1%” is the catchphrase, but that’s only a net worth of about $10 Million. The people they are really mad at are the 0.01% or lower. This article uses 10% which is about $850,000 in net worth.
Right. Is it 10 figures? 7 figures?
… 5 figures?
Almost like it’s clickbait designed for echo chambers like eattherich.
Don’t get me wrong, fuck the rich. But bold claims like this need to show their methodology. Hiding it is sus.
“The 1%” is the catchphrase, but that’s only a net worth of about $10 Million. The people they are really mad at are the 0.01% or lower. This article uses 10% which is about $850,000 in net worth.