@ianbremmer And here @ianbremmer an international comparison, with the 20-year trend, as regards the wealth of the top 1% : Source @CreditSuisse

@ianbremmer Inflation....

@ianbremmer What wealth level qualifies as .01%? Asking for a friend.

@ianbremmer Globalization and automation mean the marginal value of really smart/valuable people multiplies dramatically. And then, yes, we reward owners who take risks with the actual value of their profits.

@ianbremmer Money printing

@ianbremmer I wonder if a plot of the rate of homelessness would superimpose on this one and show a strong correlation

@ianbremmer From 1980 look how rigged the economy looks. It’s a linear line you can draw with a ruler.

@ianbremmer My dad made 60k in 1973 as a crane operator building platforms in the Gulf of Mexico. Google that in today's money. All you oilfield hands bragging about big money, it used to be bigger

@ianbremmer 1980 was the demarcation. The year you could get 20% on money in a savings account. Capital took on labour, kicked its ass and never looked back. Now here we are.

@ianbremmer @BrazilBrian Oh! Look where the curve started to go back up - Reagan!

@ianbremmer So we have decided we don’t like unions as a mechanism for fixing the Peter principle… aside from a DAO based negotiating mechanism which really only fixes the union dues and leadership issue… what other ideas are there? Taxes don’t work anymore Imho

@ianbremmer @bfry1981 I fell down a rabbit hole the other day that had me looking at Aspen real estate videos on youtube. One lady was selling her $50m mansion because she only had used it a few days the last couple years, and reflected on the insane swimming pool she had built that she used twice.

@ianbremmer @Lawrence The class war going well for the rich & powerful. With all that money, the thing they want now is control. For some it’s to impose their beliefs on how we should live. For others it’s to ensure that their wealth is secured & the lower class remains in place to supply workers.

@PKorngiebel that was the highest level since we’ve had records. peak of the gilded age, pre-great depression. great leveler a fantastic book. everyone should read.

@ianbremmer @Lawrence Saint Ronnie’s election is a very clear marker. Still waiting for that trickle down!

@ianbremmer What happened in 1980???

@ianbremmer Reagan saw 50 years of working class progress from the New Deal and said over my dead body

@ianbremmer @Lawrence Not Good! Unsustainable! Evisceration of the middle class! Must redistribute wealth in deliberate controlled manner or it will happen in an organic chaotic manner.