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0 sats \ 2 replies \ @freetx 16h \ parent \ on: The bottom 50% of the US households now hold only 2.5% of total US wealth econ
it fooled me!
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42 sats \ 1 reply \ @SimpleStacker 16h
Makes me wonder now how they count negatives. Wonder what fraction of all wealth held by non negative wealth holders is the bottom 50%
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40 sats \ 0 replies \ @Undisciplined 16h
I'm guessing negatives just don't count. This is where the positive wealth is held, which would be different from comparing average net balances.
I feel like I've seen figures for the latter that would have that bottom group in the red.
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