14 lines
940 B
JSON
14 lines
940 B
JSON
{
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"HubID": "4644",
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"Date": "8/12/2024",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "4644__Image_URL.jpg",
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"Summary": "<p>More stunning growth in assets of the wealthy class, at the detriment of the middle and lower classes. This is a long-term trend started in the 1970's, where we are now at peak levels of wealth inequality, similar to what we saw 100 years ago in the U.S. The root cause of so many of our societal, cultural and political turmoil is the result of wealth inequality that will have to correct, as it did 100 years ago, but which resulted in the incredible growth and success of the U.S. in the decades that followed. This chart shows 1100% growth in the assets of the wealthy over 35 years, or a 30% YoY growth, which is astounding. Imagine investing $100 today and in 35 years, it is worth $1 million. </p>",
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"Notes": ""
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} |