| ▲ | ozgrakkurt 2 hours ago | |
I think it is already way bigger than the other bars combined right? | ||
| ▲ | jongjong 2 hours ago | parent [-] | |
Yes but I'm thinking about just the yield on that last bar. Given that the Shiller P/E ratio is now 40 (under 3% of the value of the assets), the yield is actually a pretty small fraction of that last bar... but even then, I'm saying one year's yield could exceed the worth of all the others if things continue. But IMO, it's already the case that the economy is centered around the free money/proceeds received by top 0.1%. This is why we saw all that nonsense with COVID, DEI, Wokeism, etc... This is what happens when a small number of elites decide to spend a bit of 'spare change' on politics and social activism. Imagine how bad it's going to get after that wealth has compounded in 10 years... | ||