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The economy (thelemmy.club)

If you divided all the stocks issued in the US stock markets by issue number

and put them in a basket, chose one randomly,

there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country.

There’s either millions or billions of stocks in existence, but this is still true.

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[-] cornshark@lemmy.world 8 points 8 months ago
[-] shalafi@lemmy.world 9 points 8 months ago
[-] MNByChoice@midwest.social 3 points 8 months ago

That certainly raises more questions than answers!

[-] Gammelfisch@lemmy.world 4 points 8 months ago

The Vietnam War is winding down which depleted the US treasury.

[-] DancingBear@midwest.social 2 points 8 months ago

Maybe that’s when the neoliberals (dems and republicans started making America grate again?

[-] sugar_in_your_tea@sh.itjust.works 3 points 8 months ago

Wait, they stopped selling shredded cheese in 1973?

this post was submitted on 28 Sep 2025
189 points (95.7% liked)

ShowerThoughts

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Sometimes we have those little epiphanies in the shower.. sometimes they come from other places. This is a home for those epiphanies.

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