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Today I learned that the top 10% of earners in the US account for almost 50% of consumption
(www.morningbrew.com)
You learn something new every day; what did you learn today?
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The top 10% of the population holds ~67% of the national wealth.
The bottom 50% of the population holds ~3%.
It makes sense that the people with money will be the ones spending money.
Hopefully to the surprise of no one.