Why America’s $100 Trillion of Net Worth Isn’t All That

And while it would be great news if wealth across all of America had indeed risen as much as the chart above shows, the reality is that there is a big catch: as shown previously, virtually all of the net worth, and associated increase thereof, has only benefited a handful of the wealthiest Americans.

As the following chart from Deutsche Bank shows, the wealth inequality in the US is now as bad as it just during the Great Depression, with the top 0.1% of the US population owning as many assets as the bottom 90%.

https://www.zerohedge.com/news/2018-06-07/household-wealth-rises-above-100-trillion-first-time-ever-there-just-one-catch