Inequality Has Never Been Bigger: Financial Assets Hit A Record 620% Of GDP

https://nationandstate.com/2020/08/07/inequality-has-never-been-bigger-financial-assets-hit-a-record-620-of-gdp/

it has led to the value of US financial assets (Wall Street) now hitting an all time high 6.2X size of GDP (Main Street). In other words, not only is Wall Street now “even bigger to fail”, but in its attempt to “fix” inequality, the Fed has made it greater than ever,..

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