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A comment on America Can’t Even Produce the Things It Invented. Parent comment

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Re:America Can’t Even Produce the Things It Invented by l3v3ll on Monday January 04, 2021 @04:42PM (#25638574)
Yea, it IS true. Do you have a source? The comment above you has a source that includes

> the wealthiest 10% own 84% of all publicly traded stocks, mutual funds, trusts, or various pension account assets

Looks like pensions are included and mutual funds which are likely a majority of 401Ks.

[ Parent | on HN ]
Re:America Can’t Even Produce the Things It Invented by glial on Monday January 04, 2021 @04:42PM (#25638566)
> Most of the money in the markets are from the average Joe's 401k, or pension.

Can you provide a source for that? I looked for one and couldn’t find one, but if you had one I would love to read it.

[ Parent | on HN ]
Re:America Can’t Even Produce the Things It Invented by Mc_Big_G on Monday January 04, 2021 @04:44PM (#25638591)
>Most of the money in the markets are from the average Joe's 401k, or pension

This is just an assertion.

[ Parent | on HN ]