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Happy Hoosier

(9,379 posts)

5. It's pretty decent... at the moment... for the top 10% in general.

Reply to samplegirl (Original post)

Mon Dec 8, 2025, 08:46 AM

Dec 8

The AI bubble (if it is a bubble... I think it is) continues to inflate. The market is doing well, despite the economy sputtering. Without AI, the market is more or less flat. I am in the top 10%, and I've seem my wealth (at least on paper) increase by about 30% this year. That pales in comparison to the top 1% and even more more the top 0.1%. They live in an a kind of "infinite money machine" at the moment.

I think this is a house of cards. But the very top have made such a killing that even if the market tumbles 50-60%, they'll still come out ahead from their starting position. The rest of us, outside that rarified top1%, will not be so lucky.

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samplegirl

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Highlight:

It's a great economy for the Rich [View all] samplegirl Dec 8 OP

K shaped economy Johnny2X2X Dec 8 #1

It's not working samplegirl Dec 8 #2

That's a sign to Republicans that it is working Johnny2X2X Dec 8 #3

Actually... 2naSalit Dec 8 #4

It's pretty decent... at the moment... for the top 10% in general. Happy Hoosier Dec 8 #5

I saw an article online where Kelsey Grammer said DJT was one of the greatest presidents of all time MIButterfly Dec 8 #6

I was never a fan! samplegirl Dec 9 #7