Re:Is the world economy entering a wage-price spiral?
by mullingitover on Tuesday October 19, 2021 @01:23PM
(#28920751)
This all assumes that the working class can even afford to dabble in equity markets when it's being soaked by ever rising rent/healthcare/childcare costs.
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Re:Is the world economy entering a wage-price spiral?
by piva00 on Tuesday October 19, 2021 @02:31PM
(#28921645)
Given the latest news showing that 89% of stocks in the US are owned by the wealthiest 10% of Americans you aren't wrong, at all.
Re:Is the world economy entering a wage-price spiral?
by lotsofpulp on Tuesday October 19, 2021 @11:00PM
(#28926273)
That report did not account for pension fund and other retirement account investments.
Re:Is the world economy entering a wage-price spiral?
by diordiderot on Wednesday October 20, 2021 @05:00AM
(#28928411)
2/3 Americans have less that 100k in retirement or pension by age 50.