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The Assembly
@InTheAssembly
Macro analysis, market structure, and the trades nobody else is showing you. Not financial advice.
Joined September 2012
20 Following    553.3K Followers
ABSOLUTELY INSANE… The richest 10% own 75% of global wealth. The poorest HALF owns just 2%. Even crazier: fewer than 60,000 people own THREE TIMES as much wealth as that entire bottom half. In the US, the richest 10% hold roughly 69% of household wealth. The bottom half holds just 2.3%. And IMF research warns AI could widen the divide further by boosting returns for people who already own assets. That’s what worries me: the same technology making a business more profitable could put its employees’ wages and jobs under pressure. The economy getting richer doesn’t automatically mean YOU are getting ahead.
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