The 9.9 Percent Is the New American Aristocracy

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7Wannabe5
Posts: 9369
Joined: Fri Oct 18, 2013 9:03 am

Re: The 9.9 Percent Is the New American Aristocracy

Post by 7Wannabe5 »

The return on financial assets has averaged 6.3% since 1983 while returns on real estate have only averaged .6%. Also, it is an inherent flaw of the capitalistic system that inequity will necessarily rise with overall wealth in the system. It has also been suggested that current returns to entrepreneurship are bloated due to monopolies. I can barely remember the last time a big monopoly was busted. In fact, conversely, "too big to fail' has been the de facto policy for at least the last 30 years.

Unlike most of the living entities in mature, capital locked, forest systems, human beings can make their own lightning when the under story becomes too shady. But, I'm still 50/50 on whether times are soon to become more "interesting."

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Seppia
Posts: 2016
Joined: Tue Aug 30, 2016 9:34 am
Location: South Florida

Re: The 9.9 Percent Is the New American Aristocracy

Post by Seppia »

@ertyu
I'll respond in the appropriate thread

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