http://bigthink.com/robby-berman/gl...n-we-thought-millennials-are-the-new-peasants
WHAT A SHOCK, indeed!!!!!!!!!!!!!!
For those who believe that more money for the top 1% means more jobs for everyone else, the Credit Suisse’s report should be eye-opening. It clearly suggests otherwise, with this group only accelerating their own acquisition of wealth.
“Millennials are doing less well than their parents at the same age, especially in relation to income, home ownership and other dimensions of well- being assessed in this report. While Millennials are more educated than preceding generations…we expect only a minority of high achievers and those in high- effectively overcome the ‘millennial disadvantage.’”
The wealthiest 1% own 50.1% of all household wealth in the world.
WHAT A SHOCK, indeed!!!!!!!!!!!!!!
For those who believe that more money for the top 1% means more jobs for everyone else, the Credit Suisse’s report should be eye-opening. It clearly suggests otherwise, with this group only accelerating their own acquisition of wealth.
“Millennials are doing less well than their parents at the same age, especially in relation to income, home ownership and other dimensions of well- being assessed in this report. While Millennials are more educated than preceding generations…we expect only a minority of high achievers and those in high- effectively overcome the ‘millennial disadvantage.’”
The wealthiest 1% own 50.1% of all household wealth in the world.
