this post was submitted on 20 Jan 2024
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I haven't heard about this. Would you mind explaining?
BTW, my brother lives in Portland Oregon. I was able to visit him last year and was impressed by downtown and the shore.
I’m not op, but this might help
Tho the end bit is too pro-capitalism/anti-communism for my tastes…
https://www.thebalancemoney.com/late-stage-capitalism-definition-why-it-s-trending-4172369
About five years ago, I tried to make my way through One Pixel Wealth. It was so disheartening that it took me several months to get to the end. My mind and emotions were so taxed by the experience.
I believe that J.R.R. Tolkien warned us, through his books, about 'diseased dragons laying on mountains of gold'. The, roughly, 400 Americans (representing the '1%') aren't human.
I don't know where America is headed, but this country I live in is in despair and need of great reform.
By definition, the 1% are the top 1% of earners in the population, so there are 8,100,000,000 * 0.01 = 81,000,000 of them, not 400.
The richest 400 are the 0.000005%.
The 1% line in the US is at $819k a year, and $60k worldwide.