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Here's how trickle-down economics has "contributed" to the U.S. economy and society.
"Ideally, all those savings (the savings of the top 1%) would be channeled into productive investments such as research and development, or practical equipment, or new roads, or even new yachts—investments that would promote growth in the economy. However, from 2000 through 2016, the average annual savings of the top 1 percent exceeded average annual net domestic investment as a percentage of GDP, according to Mian, Straub, and Sufi. While the rich saved more, investment in productive assets declined.
The researchers argue that those savings were put to use financing both household and government debt. Comparing the 1960s and ’70s with the period between 2000 and 2016, they find that claims on household and government debt account for nearly two-thirds of the rise in asset accumulation of the top 1 percent in the US. ...many households in the lower 90 percent continue to spend more than they can save, with their debt indirectly financed by the 1 percent’s growing assets."
"The bottom 90 percent’s debt has largely become the top 1 percent’s financial asset
As US income inequality began a marked increase in the 1980s, the richest 1 percent of households increased their savings while the bottom 90 percent fell into debt. Research finds that lenders indirectly used the top 1 percent’s savings to finance this borrowing, essentially enabling the rich to benefit from the bottom 90 percent’s debt repayments."
"“The bottom 90 percent are being convinced to borrow more and more, through lower interest rates, easier credit, and more advertising,” Sufi says."
For the article from which the above quotes were taken, google the following, as written:
"Chicago Booth Review" + "How the 1 percent’s savings buried the middle class in debt"
Youtube suspends Ron Johnson’s account for posting a video
on treating Covid with Hydroxychloriquine and Ivermectin.
More then 300 peer review and pubmed studies proves those
treatments cure and prevent Covid!
Now the commi left says science is misinformation! Unreal
I am not the smartest guy in the room but if the big money is pouring into bonds at 1.4% yields isn't that an indication that they see major problems ahead for equities or other assets? looks like they are more worried about the return of their investment than the return on their investment.
"The market" must have expected higher than expected inflation. Why else would yields go down resulting in $TLT and $QQQ going up on higher than expected inflation data?
I am buying aapl, tesla and AMAZON prime day sales are coming this week. Expect a SHORT SQUEEZE this week. Big pop is coming AAPL, TSLA for sure. During Amazon prime week most business boom. A lot of revenues. Yeah I see JUNE a solid bullish month for tech
SPY no slowing this INDEX! GREEN AND GREEN! Another game changer? Hint ACRX, this is why, do your DD:
"The almost complete lack of adverse events experienced by these patients, including no sedating effects of DSUVIA." June 1, 2021, DSUVIA, allowed us to discharge them in an hour or less, even when they underwent a 3-hour procedure," continues Dr. Seify.
NEWPORT BEACH, Calif., Feb. 2, 2021 /PRNewswire/ -- Board Certified Plastic Surgeon Hisham Seify MD, PhD, FACS has been named a Castle Connelly top doctor for the year 2021. This makes the ninth year in a row where he received such a distinguished honor. The top doctor's selection is a meticulous process that include many guidelines and milestone achievements. The doctors on the list are nominated by their peers before a physician led committee to select the best doctors to be included. A similar process is also used for hospitals and Universities across the country. Doctors cannot pay to be on this list, they must be chosen.
SEE SLIDE 16, DSUVIA PACU COST SAVINGS...
SEE SLIDE 19, DSUVIA is the only RAPID & NON INVASIVE ACUTE PAIN DRUG in the ""WORLD""
ALSO, importantly, the following upcoming Phase 4 results are reporting SOON, perhaps no other biotech has this many Phase 4 trials underway, and one from the Cleveland Clinic the #2 hospital in the WOLRD:
AcelRx Announces an Investigator-Initiated Study of DSUVIA® in the Emergency Department for Patients with Sickle Cell Disease
May 20, 2021
AcelRx Announces an Investigator-Initiated Study of DSUVIA® for Use in Same-Day Total Joint Replacement
May 6, 2021
AcelRx Announces an Investigator-Initiated Study of DSUVIA® in Patients Undergoing Plastic Surgery Procedures
Feb. 17, 2021
AcelRx Announces an Investigator-Initiated Study of DSUVIA® in Cardiac Surgery Enhanced Recovery Regimen
Jan. 19, 2021
AcelRx Announces an Investigator-Initiated Study of DSUVIA® in Orthopedic Patients in the Perioperative Setting
Aug. 24, 2020
investigator-initiated study with Cleveland Clinic.
AcelRx Announces Agreement for an Investigator-Initiated Study of DSUVIA® in Patients Undergoing Spine Surgery
March 6, 2020
...Research at Brigham and Women's Hospital and Harvard Medical School
Trader Nick 44
This week we found out. Israeli health officials released a report showing that vaccinated young people, particularly young men, were developing a potentially fatal complication, a heart inflammation called myocarditis, and they were developing it at extremely high rates.
Researchers determined that the incidence of myocarditis in vaccinated young men was fully 25 times the usual rate, some of them died.
Unreal....all to enrich big pharma, less 10% for the "big guy" of course........
Has anyone noticed ....store credit cards are 26% ....lol
Just looked at my HD bill. (Always pay in full, so I never look at the rate), .....25.99%
I THOUGHT RATES WERE 0%......???? Oh wait....that’s for Rich People and Corporations that gets those rates.
Passengers test Covid positive on fully vaxxed Royal
The last 10 days the bond market rallies on higher inflation data and all of a sudden a trillion plus goes into reverse repo after it has been quiet for months. What is up ?
) is a must for any trader. Their watchlist which covers pre-market movers is one of the best researched in the industry. I don’t start trading without reading their daily email each morning!
Social Distancing defintion: A commercial Real Estate Metric used to reduce rent. All is determined by sales per square foot. If you implemnt social distancing you basically reduce the "Rentable Square footage" basically getting a discount on rent. or say 50% off. Interesting..how social distancing is more of a commercial real estate and retail metric that helps them out. What perfect timing too! Right when the malls restructure in the first half of 2020 and office space leasing contracts are renegotiated. That pandemic came just right in time.
Stocks gain 1% on better than expected inflation data !!!!
@Pifford-Shaggy-Trader 44. It's all starting to make sense now. But you can redeem yourself by seeking treatment. I am here to help.
Volume even worse than yesterday.
45M shares traded Vs 75M average.
Where is all the participation in this “very real” rally?
Anyone else getting nervous about the rising US covid count? Mark my words we are in for a fun month ahead.
I went out today to buy a new battery for my John deere Tractor. It was $140 and that was after the $15 core charge was taken off I thought the guy charged me double. YA there is no inflation oh I forgot it is
2001-2003 No social media. Blame financial markets. 2008-2009 social media barely taking off, blame financial markets. 2020, blame the common flu. Social media is fully mature with a sound infrastrature. Blame anything..anyone else...BUT wallstreet. 2030 recession. Please..don't blame it on the common barking spider.
Almost halfway through the day and volume is 12% of usual. What does that mean?
CNBC working hard to get YOU to buy Nasdaq.
Seems like a trick to me, lol.
Non stop pumping
One guy was honest and said AAPL/AMZN will not go higher (Steve Weiss).
Another guest said to short Deer
Two New Stimulus Checks May Be on the Way – Here’s Everything You Need to Know
The Stonewall Inn owners on 2021 Pride celebrations
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