If poor people knew how rich rich people are, there would be riots in the streets. — Chris Rock The wealthiest 20 individuals in the United States — a group small enough to fly together on a Gulfstream jet — have as much wealth as the 152 million people who comprise the bottom half of …
Tag: recovery
The Man Who Foretold Our Economic Fate
The rhyme and the reason behind the lingering Great Recession spelled out 13 years beforehand by a billionaire who also correctly predicted the 1987 stock market crash. The housing bubble predicted six years before it burst by a prescient law school professor and Obama Administration financial reform advisor…
Job Loss Breaks Social Ties — Starting Over
Sociologists followed a Wisconsin graduating class for over 45 years and found that when career circumstances change for the worse, social ties tend to break. Hard times may be temporary, but the isolation may be permanent. Learn how to fight back.