☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · edit-24 months agoThe top 10% of income earners in the US now account for half of all consumer spending, a record high.www.fxstreet.comexternal-linkmessage-square9fedilinkarrow-up150arrow-down10file-textcross-posted to: [email protected]
arrow-up150arrow-down1external-linkThe top 10% of income earners in the US now account for half of all consumer spending, a record high.www.fxstreet.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · edit-24 months agomessage-square9fedilinkfile-textcross-posted to: [email protected]
minus-squaregeolaw@lemmygrad.mllinkfedilinkEnglisharrow-up6·4 months agoYou would think that the top ten percent would be putting the bulk of their income into savings, but maybe they decided to live in luxury instead?
minus-squareDamarcusArt@lemmygrad.mllinkfedilinkarrow-up9·4 months agoThey do put the bulk of it into savings, or “assets”. This just shows how massively obscene their wealth is. This is the equivalent of their pocket change and it’s more than everyone else put together.
minus-squaregeolaw@lemmygrad.mllinkfedilinkEnglisharrow-up1·3 months agoOkay, so they have so much wealth that they save most of it and still out-spend everyone else anyway
You would think that the top ten percent would be putting the bulk of their income into savings, but maybe they decided to live in luxury instead?
They do put the bulk of it into savings, or “assets”. This just shows how massively obscene their wealth is. This is the equivalent of their pocket change and it’s more than everyone else put together.
Okay, so they have so much wealth that they save most of it and still out-spend everyone else anyway