93% of U.S. households' stock market wealth is held by the top 10%

Re:93% of U.S. households' stock market wealth is held by th... by TacticalCoder on Thursday January 11, 2024 @04:20PM (#38959252)

> People don't want to be told the world is a meritocracy when it's roulette (born to the right people in the right place)...

Look at it from the perspective of the parents. My kid is my kid because I decided to have it and it's got 50% of my DNA. I decided to not have my kid in my Somalia. Just as my parents decided not to have me in Somalia.

And all around me I see how so many parents making terrible life choices.

I'm teaching my kid to answer "blame your parents".

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Re:93% of U.S. households' stock market wealth is held by th... by saagarjha on Thursday January 11, 2024 @04:35PM (#38959465)

“Only the well off living in stable countries should have children” is an awfully dystopian viewpoint, don’t you think?

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Re:93% of U.S. households' stock market wealth is held by th... by hospitalJail on Friday January 12, 2024 @07:44AM (#38967337)

I dont think there is anything wrong with safety nets, but I think its silly to think that over 50% of the world is going to live like kings when the work like fast food laborers.

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