Ep. 163: Inequality Debates with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Wealth Inequality Debate
The wealth inequality, the quote 1%, the wealth that the 1% has is off the charts. It's exponentially greater than the 99%. By numbers that the math alone says will never change. So unless you steal the 1% money, it's never going to change. 30 to 40% of the bottom population of America, same wealth as the Walmart heirs. And it just so happens they're probably the very people that made those Walmart heirs worth so much money.
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