• DMBFFF@lemmy.world
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    27 days ago

    The rich certainly have their influence, but are the assets of those 2 equal to 1% the US GDP?

    • _bcron@lemmy.world
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      27 days ago

      Does the bottom 70% of individuals in the US control more assets than JPM? Might surprise you

      • DMBFFF@lemmy.world
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        27 days ago

        Through their votes, they arguably have almost 70% of government assets, and most of their real assets aren’t paper.

        • _bcron@lemmy.world
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          27 days ago

          It was a yes/no question and what the fuck is this, exactly? Hold that thought - say ‘yes’ or say ‘no’

            • _bcron@lemmy.world
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              27 days ago

              JPM controls over 5% of US wealth while the bottom 50% control ~2.5% so you’re a little off. Top 1% controls a third