From towering valuations to the widening wealth gap, here are the charts haunting Wall Street professionals right now. https://t.co/54qUP2QOmo ...

This used to be true but not anymore.The entire world financial ponzi is collapsing.AI is taking over and the wealth gap is going be so large that upward economic mobility will no longer be possible.With the implementation of digital IDs, social credit scores and carbon emission caps if you aren't rich already you are screwed.You will be part of the permanent underclass, geographically trapped within your 15 minute city, living on the government dole while you own nothing.Renaissance (@0xRenaissance):If CZ ...

CCN interviewed Robinhood Crypto Chief Johann Kerbrat, discussing the push into tokenized stocks and its controversial prediction markets. | Spencer Platt / Getty Images. Key Takeaways Robinhood’s Johann Kerbrat told CCN that tokenization could help close the wealth gap by making private market opportunities more widely accessible, even if the model has drawn criticism. Kerbrat says that Robinhood can appeal to a wider demographic than only crypto-focused rivals. Crypto has become one of Robinhood’s ...

RT The Kobeissi Letter (@KobeissiLetter)Low-income earners are struggling:The 3-month average of the bottom 33% of Americans' after-tax YoY wage growth dropped to 0.9% in August, the slowest pace since 2016.This is a significant decline from the +3.0% seen at the beginning of the year.At the same time, the top third saw +3.6% YoY growth, the highest since November 2021.In other words, top earners’ wages are growing 4 TIMES faster than those of low-income consumers.By comparison, middle-income earners’ salar ...

The Wealth Gap was created by design to divide the massesReligionRaceSexPoliticsWill always be an issue but would be a less of an issue if everyone have a access to obtain wealthThe accredited investor law must go.The Kobeissi Letter (@KobeissiLetter):Shocking stat of the day:The bottom 50% of US households now hold just 2.5% of total US wealth.History says rate cuts with stocks at record highs will lead to even more record highs 12 months from now.Asset owners will party and the wealth gap will widen.Espec ...

In Indonesia and elsewhere, export manufacturing helped narrow the wealth gap with the West, creating a consumer class, but that transformation has stalled https://t.co/GRNPtRu44P ...

New York’s richest residents are wealthier than ever, even as Zohran Mamdani pushes to close the city’s wealth gap https://t.co/PWwYhyzVZX ...