The 1% own even more stock than they own outright money. You could replace “the economy” in every article with “rich people’s yacht money”. The stock market is 100% dissociated from reality and shouldn’t be used as a measure of general wealth by any means.
The 1% own even more stock than they own outright money. You could replace “the economy” in every article with “rich people’s yacht money”. The stock market is 100% dissociated from reality and shouldn’t be used as a measure of general wealth by any means.
most of billionaires money is in investment schemes, not actual cash as people think.