Friday, October 18, 2013

The U.S. Blows Everyone Else Out Of The Water In 1 Key Way

Just in case you had noticed over the past decade that you seem to be either treading water or going backwards in the money department, this should cheer you right up.

That one way? We're really, really good at creating really, really rich people -- like, $50 million-plus rich. Just ignore the fact that our 400 wealthiest people are worth more than the entire bottom half of the country combined. And now, the chart:

That is pretty damning, it also goes a long way to pointing out what has happened to the Middle Class.

If you had the sneaking suspicion that the game is rigged I would pretty much point to that chart as the definitive proof that you are right.
There is a club and you aren't in it. The Feds have been printing BILLIONS of dollars every month for quite some time now, all that paper is going somewhere.

This exploding disparity will eventually have some pretty profound effects on this country, it will soon start looking more and more like France did just before the revolution.

Anyone who was born before the schools quit teaching history knows what happened shortly after that.

At this point I would hope it helps you understand where we are and where we are headed and that it isn't pretty.


Anonymous said...

The only reason They haven't confiscated our bank accounts, IRAs, and pensions is because we're armed. Never forget that.

Sixbears said...

These disparities never end well.

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