The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own.
Tuesday, April 07, 2009
The Depression and Now (Charts)
World Industrial Output, Now vs Then
World Stock Markets, Now vs Then
The Volume of World Trade, Now vs Then
Central Bank Discount Rates, Now vs Then (7 country average)