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The graph shows how, between 1993 and 2023, the share of wealth in the hands of the elite grew steadily, while the share of the middle class shrank year after year.
It is a clear portrait of wealth concentration in the United States, with consequences for the country's economic, social and political dynamics.
It is worth noting, however, that real GDP per capita grew by around 66% in the same period.
More proof the middle class wages did not keep up with productivity gains. It never trickled down
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It really is a shame that Bitcoin was the middle and lower classes best chance to eat first before the rich guys, bankers, institutions and governments and most of them missed it due to skepticism or getting sucked into the false hope of the crypto complex.
Not saying it is too late for them but clearly they aren't front running the rich guys now.
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Agreed
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