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Re:Is the world economy entering a wage-price spiral? by diordiderot on Wednesday October 20, 2021 @04:57AM (#28928383)
Half of stocks are owned by pensions. The overwhelming majority of that half is owned by a small segment of privileged individuals
Re:Is the world economy entering a wage-price spiral? by tonyedgecombe on Wednesday October 20, 2021 @07:49AM (#28929558)
TIL people with a pension are privileged individuals.
Re:Is the world economy entering a wage-price spiral? by diordiderot on Wednesday October 20, 2021 @07:10PM (#28938062)
40% of Americans 65+ only source of income is social security. The trend is increasing.
Re:Is the world economy entering a wage-price spiral? by tonyedgecombe on Thursday October 21, 2021 @04:00AM (#28941656)
So 60% have some kind of investment income.