April 18, 2019

Capitalism Is Not Working For The Majority Of People

Ray Dalio speaks about wealth inequality and why capitalism is not working for all Americans: ‘Capitalism basically is not working for the majority of people’ 

“Today, the top one-tenth of 1 percent of the population’s net worth is equal to the bottom 90 percent combined. In other words, a big giant wealth gap. That was the same — last time that happened was the late ’30s.”