FoxtrotDeltaTango@sh.itjust.works to News@lemmy.world · 2 months ago‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers. Get ready nowfinance.yahoo.comexternal-linkmessage-square67linkfedilinkarrow-up1271arrow-down12 cross-posted to: usa@midwest.social
arrow-up1269arrow-down1external-link‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers. Get ready nowfinance.yahoo.comFoxtrotDeltaTango@sh.itjust.works to News@lemmy.world · 2 months agomessage-square67linkfedilink cross-posted to: usa@midwest.social
minus-squarenosuchanon@lemmy.worldlinkfedilinkarrow-up18·2 months agoThe 1% accounts for 60% of spending. But they are all over leveraged or waiting for the inevitable crash so they can buy everything cheap and increase their hoard.
minus-squareT00l_shed@lemmy.worldlinkfedilinkarrow-up4·2 months agoCompared to the ruling class, the 1%s are practically destitute
minus-squareEnkrod@feddit.orglinkfedilinkarrow-up0·1 month agoI’d love to see a source for that claim, that’s some very intetesting piece of information (if true)
minus-squareCatoblepas@lemmy.blahaj.zonelinkfedilinkarrow-up0arrow-down1·1 month agoThe difference between a millionaire and a billionaire is roughly a billion dollars.
The 1% accounts for 60% of spending. But they are all over leveraged or waiting for the inevitable crash so they can buy everything cheap and increase their hoard.
Compared to the ruling class, the 1%s are practically destitute
I’d love to see a source for that claim, that’s some very intetesting piece of information (if true)
The difference between a millionaire and a billionaire is roughly a billion dollars.