Tuesday , November 5 2024
Home / Mike Norman Economics / Matthew Stewart — The 9.9 Percent Is the New American Aristocracy

Matthew Stewart — The 9.9 Percent Is the New American Aristocracy

Summary:
The class divide is already toxic, and is fast becoming unbridgeable. You’re [readers of the Atlantic] probably part of the problem. Well-written article. Long. The term "aristocracy" implies feudalism, and America is in a neo-feudal era similar to the Gilded Age.The AtlanticThe 9.9 Percent Is the New American AristocracyMatthew Stewart

Topics:
Mike Norman considers the following as important:

This could be interesting, too:
The class divide is already toxic, and is fast becoming unbridgeable. You’re [readers of the Atlantic] probably part of the problem.
Well-written article. Long.

The term "aristocracy" implies feudalism, and America is in a neo-feudal era similar to the Gilded Age.

The Atlantic
The 9.9 Percent Is the New American Aristocracy
Matthew Stewart

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *