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Comment by necovek

The most interesting bit is that out of that 10 percentage points growth (60% to 70%) for the 10% wealthiest, 9 percentage points are attributed to the top 1% (23% to 32%)!

So, the rest of the top 10% have remained basically at the same level of (relative) wealth (37% to 38%), and the wealth from the poorest has moved to the top 1%!

So, looking at the top 10% here paints a less bleak picture of where the wealth is being accumulated/moved.

IOW, it's not even the rich getting richer, it's just the super rich!

parent necovek 7 years ago

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