2 ms·
These data points often just omit the opposite happening during down cycles of the economy. In 2008, the richest 1% lost, by far, the most money, even measured
by q1w2 5y ago
These data points often just omit the opposite happening during down cycles of the economy. In 2008, the richest 1% lost, by far, the most money, even measured as a percentage.
The reason these trends seem perpetually unsustainable is because the authors of these articles are always switching metrics and altering class definitions in order to make dramatic titles that folks will click on.
These exact same titles have been present for as long as I can remember reading newspapers - since the 1970s.