Charles Hugh Smith: The Top 10% Is Doing Just Fine, While The Middle Class Is Dying on the Vine: charleshughsmith.blogspot.com/2021/02/the-to… @chsm1th 
That piece contains an excellent chart of U.S. private sector financial assets as a % of GDP.
This is another way of visualizing the household wealth bubble that I've discussed so much.
Financial assets have become incredibly inflated due to ultra-low interest rates & QE.
This is another way of visualizing the household wealth bubble that I've discussed so much.
Financial assets have become incredibly inflated due to ultra-low interest rates & QE.
If you want to understand the growing rich-poor gap (and why it is NOT the fault of capitalism), please check out the archive of my site Explaining Capitalism:
web.archive.org/web/2020062519…
web.archive.org/web/2020062519…
Why did I post the archive of my site Explaining Capitalism?
Oh, just because vindictive Marxist hackers took BOTH of my web sites offline!
explainingcapitalism.org
thebubblebubble.com
Yup - yet another example of the energy-draining attacks I experience behind the scenes.
Oh, just because vindictive Marxist hackers took BOTH of my web sites offline!
explainingcapitalism.org
thebubblebubble.com
Yup - yet another example of the energy-draining attacks I experience behind the scenes.
So, now I have the fun project of trying to get both of my websites back online.
I think they knocked out my MySQL databases.
I think they knocked out my MySQL databases.
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