2 ms·
I call b.s. In economics, the extremes are strongly self-reinforcing. I would be really surprised if in a given year more people left the top 0.05% (in net wort
by leot 15y ago
I call b.s. In economics, the extremes are strongly self-reinforcing. I would be really surprised if in a given year more people left the top 0.05% (in net worth) than stayed there. I'd even be surprised if the ratio were less than 5 to 1.