The Federal Reserve in the United States just released a new report showing that “Total Household Wealth” in the United States has reached a record $94.8 trillion. That’s an impressive figure. Even more impressive is that Total Household Wealth has increased by $40 trillion since the lows of the Great Recession in 2009. No doubt Read More…
Tag: wealth
It’s Time for a Redistribution of Wealth; A One Time Emergency Transfer From the 1% to the People
The biggest financial companies such as Deutsche Bank are struggling or collapsing and have been since 2008. They have been subsidized by public money. They are now kiting items on their balance sheets to postpone the inevitable. The population of Greece voted 60% in favor last year, of the government not accepting a bailout package Read More…