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Thank you for the link. I think the numbers quoted don't indicate a collapse in the wealth gap around 2008. The WSJ article includes this observation: "The wor
by ridgeguy 10y ago
Thank you for the link. I think the numbers quoted don't indicate a collapse in the wealth gap around 2008.
The WSJ article includes this observation: "The world is still staggeringly unequal, with the tiny sliver of those with $5 million or more in assets (we don’t have the exact number but it’s clearly a select club) owning more than the total population of those with $100,000 or less."
Perhaps there was a small inflection in the evolving wealth gap curve around 2008, but it seems minor and transitory. The article's numbers seem consistent with that.