… meanwhile, inequality in the US remains more of an issue.
On Alphaville, Kadhim Shubber summarizes a DB Global Markets Research study on US inequality:
- More than 30% of US households have zero or negative non-home wealth.
- Wealth is increasingly concentrated among the old, and among the wealthy.
Observers paint the picture of an increasingly dysfunctional society.
And they point to the relevance of inequality for political polarization and accountability.