The Kobeissi Letter(@KobeissiLetter):The middle class is gone. According to Fed data, the top 1% of Americans now control ONE-THIRD of all US net worth. Since 2020, the top 1% have gained +$30 TRILLION in net worth, while the bottom 50% are worth just $4.3 trillion. What is happening? Let us explain. (a thread)

The Kobeissi Letter

@KobeissiLetter

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가입 June 2015

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The Kobeissi Letter@KobeissiLetter

2026.10.03 14:50

The middle class is gone. According to Fed data, the top 1% of Americans now control ONE-THIRD of all US net worth. Since 2020, the top 1% have gained +$30 TRILLION in net worth, while the bottom 50% are worth just $4.3 trillion. What is happening? Let us explain. (a thread)