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BREAKING: Wealth increasingly concentrated at the top: The richest 20% hold 87% of stocks & mutual funds; the remaining 80% get only a small share.
Since the pandemic, the gap has widened:
• Top 20% added +$29.8T
• Bottom 80% only added +$4.2T
What does this mean?
• Those with assets (stocks, etc.) are getting richer.
• Those without assets are falling far behind.
Simple conclusion:
In the current system, having assets = winning.
And not having assets = falling further behind.
So what assets do you have right now?
Is it $BTC, or $ETH ? or $USDT ?
Or don't tell me your assets are ?
$MANTA or $MOODENG or other Low Cap memecoins?
The COVID pandemic, even seems like a system that controls or changes everything.
source: @federalreserve