An article for Cornfed and Moretorque
Posted: May 5th, 2015, 3:32 pm
It just proves another point about America most people are poor, it's just varying degrees of poverty. Most people don't know they're poor because they have assets which are funded by debt that they don't truly own, and they're working as serfs.http://fortune.com/2014/10/31/inequalit ... income-us/
Saez and Zucman show that, in America, the wealthiest 160,000 families own as much wealth as the poorest 145 million families, and that wealth is about 10 times as unequal as income.
http://www.consumeraffairs.com/news/cou ... 40914.html
Could you get $2,000 in an emergency? 40% of Americans can't