Most people think that today’s wealth gap and income inequality circumstances are outrageous, but in the coming downturn, in the heat of the crisis and the ensuing transfer of wealth, the PAIN will become unbearable and even greater.
This has been an incredible year to be an investor. We’re up, across all sectors. Since December’s -19.2% drop, September 2018’s bottom in gold, and December’s bottom in Bitcoin, it’s been an OCEAN OF GREEN!
The widest wealth gap since World War II… record low labor-force participation rates… a middle class that will cease to exist by 2020… Despite a market melt-up and ultra-confident employment numbers, the Wall Street rhetoric somehow doesn’t match up with the Main Street reality. Could this lead to an out-and-out revolt, and when will it happen?