tag:blogger.com,1999:blog-6616959642391988608.post2398961567837626827..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: Richer than everScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-14657232290406419332017-03-13T07:44:16.325-07:002017-03-13T07:44:16.325-07:00"The wealth of the 1000 richest Americans is ..."The wealth of the 1000 richest Americans is almost all held in the form of businesses, factories, and land. It's not sitting in a box under the bed."<br /><br />Scott, there is a huge difference, if I havezero, 100.000 $ savings or 100.000.000 $.<br />The one with the 100.000.000 is accumulating at an exponential rate.<br />The one with 100.000 is spending on middle-class Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42942256542768523252017-03-10T14:18:58.434-08:002017-03-10T14:18:58.434-08:00There's a superb piece by Andy Lapthorne, from...There's a superb piece by Andy Lapthorne, from SocGen, who sheds some light on how that distribution of wealth is happening in the public equity markets. Quite a gap, with some sort of prevalent "winners take all" reality where some companies have much higher margins than rest of sector and historical highs in loss-making companies that are worth quite a lot too.<br /><br />I Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67968220036302191642017-03-10T08:27:10.576-08:002017-03-10T08:27:10.576-08:00Median numbers are not available, unfortunately. B...Median numbers are not available, unfortunately. But I would argue that it doesn't much matter. Our total wealth is a by-product of the work of entrepreneurs, capitalists, small business owners, inventors, speculators, investors and laborers. All of the capital that has been created to run our economy and employ our workers is available to everyone. All the roads, the infrastructure, the Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-37727966257371745282017-03-10T07:33:14.675-08:002017-03-10T07:33:14.675-08:00Let me chorus in with endzeit14,
Median household...Let me chorus in with endzeit14,<br /><br />Median household net worth/income data is everything. Providing only raw overall wealth numbers or even averages tends to skew too far toward what occurred with the only the top 10% or even top 1% of households. <br /><br />It is hard to get a clear view of what happended to all American households without the median numbers.Packardhttps://www.blogger.com/profile/15970629043766004173noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27025398540494688632017-03-10T06:19:46.155-08:002017-03-10T06:19:46.155-08:00Scott,
do you have median-data?
Today's pheno...Scott,<br />do you have median-data?<br /><br />Today's phenomenal jobs numbers indicate, that the globalists' destruction of the middle class and the buildup of communist China seems to be slowed down, or maybe even coming to an end. Trump indeed seems to bring good paying manufacturing jobs, middle class jobs, back.<br />Lucky America for having a leader now who says what he means and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40634680521948497292017-03-09T16:58:24.378-08:002017-03-09T16:58:24.378-08:00Yes,if you are retired w a portfolio of diversifie...Yes,if you are retired w a portfolio of diversified equity, & commercial real estate holdings w fully amortizing financing--life is good. Debt WAY down from 2008.<br /><br />Making America Great Again<br /><br /><br /><br /><br /><br /><br />sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.com