"Over past 10 years, value of financial assets held by US households has increased from roughly 3.4X to roughly 4.4X the size of the US economy…That could mean the fate of the US economy has never been more tethered to that of Wall Street" https://t.co/LFHz3qqD8j pic.twitter.com/Uin1zY1Apq
— Trevor Noren (@trevornoren) January 7, 2019
Working Families don’t own crap; the Pigs print the money and their Piglets spent the money and own America.
Pensions, Home Equity and Social Security Retirement Benefits are all that’s left for working Americans. I predict Wall Street will steal them in that order.
Property taxes eat up the home equity.
Yes, historically once every last sucker has loaded up on stocks is about the time the market gets its throat slit.
uh, just curious what the value of those financial assets would be MINUS the debt attached to them.