this post was submitted on 27 May 2024
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United States | News & Politics

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The top 10% now own 93% of all stocks while the bottom 50% owns 1%. The stock market is a meaningless measure of the economy. (finance.yahoo.com)
submitted 5 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] dependencyinjection@discuss.tchncs.de 7 points 5 months ago

I did not know this. Like I knew they had a lot of the wealth but 93% of the stock market is frankly depressing and the reason nothing will change unless we starting eating some people.