You do realize, don't you, that nearly HALF of the people who are currently presiding in the top 1% will be out of it within a decade and that they will therefore be a part of the same group that you're presently in (and who so assiduously you claim to speak for)?
3 comments:
One wonders whether the 1% turnover results from 50% losing
their assets from stupidity, bad luck, overspending, etc - or whether they continue to be wealthy and simply get surpassed by the up and coming?
I suspect that it's probably a combination, BB; greedy bastards who take a few too many risks and doctors and lawyers who simply retire.
Probably atypical, but I found this representative of the wealthy
indicating a continuum of dropping in and dropping out of
the 1%
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