🇺🇸 Ronald Carter (@USronaldcarter) “Let me get this straight.. the S&P 500 just hit $69.7 trillion in market cap.. t” — TopicDigg

Let me get this straight.. the S&P 500 just hit $69.7 trillion in market cap.. the entire US economy.. every job.. every factory.. every paycheck in America.. is worth $32.4 trillion.. so the stock market is worth more than TWICE the country that supposedly produces it.. let me say that again.. top 10 stocks alone are worth $29 trillion.. that's almost the entire GDP of the United States sitting in ten companies.. and the richest 10% of Americans own 87% of all that stock wealth.. your paycheck didn't grow 215% this year.. your rent didn't drop.. your job isn't worth more.. but the number on the screen just broke every record that's ever existed.. they call this "the best economy in history".. best for who. I'll keep you updated. Turn on notifications right now.