The collaboration between BRICS and Africa has been further strengthened. Fastepo delves into the intricacies of this partnership, highlighting the latest advancements and developments in this alliance.
The explicit decline of our nation is being reported by the Epic Economist. As the cost of essential commodities continues to rise, 99% of our population is facing immense challenges in adjusting to these circumstances. In stark contrast, the top 1% of ultra-wealthy Americans have witnessed a staggering 500% increase in their wealth over the last four years. While the existence of wealth disparity in America is not a new phenomenon, the financial gap between the privileged few and the rest of society has reached an alarming level in recent times.
Steven Van Metre discusses the FDIC warning all depositors about the potential risks associated with the safety of their deposits.
Lena Petrova unveils an astonishing prediction: China and India’s economic growth surpasses all expectations, leading to strengthened bilateral trade relations. A surprising forecast by Lena Petrova reveals that China and India have exceeded economic growth projections, resulting in a significant boost to their bilateral trade ties. In a shocking revelation, Lena Petrova discloses that China and India have outperformed expectations in terms of economic growth, leading to a remarkable enhancement in their bilateral trade relations.
=======================================
Fastepo
May 29, 2024
BRICS has expanded the cooperation with Africa. In this video we look at that alliance in details with recent development.
Advertisement
______________________________________________________
=======================================
Epic Economist
May 29, 2024
The decline of our country is explicit. While 99% of our population is struggling to adapt to the rising cost of basic necessities, the top 1% of ultra rich Americans has seen their wealth increase by nearly 500% over the past four years.
Though an America where some have more money than others is nothing new, in the past generation, the financial gap between the elites and everyone else has become obscene.
Economists are convinced that something has gone awry in our economic system, threatening the underpinning of the American Dream. They say we’re living a tale of “two Americas”, divided between the “haves” and the “have-nots.”
A new report from the Congressional Budget Office exposes that income inequality in the United States has never been worse. Even though Americans are working harder than ever before, they are earning less when accounting the current cost of housing, food, energy, healthcare, and other essentials.
The bottom 20% of U.S. households earns an average income before taxes and transfers of just $21,900 while the top 20% earns more than $400,000 a year.
What’s more, the top 1% of households made almost five times as much income as the rest of the population from 2020 to now.
Advertisement
______________________________________________________
Data released by the Pew Research Center shows that the top 10% of households have over $6.7 million in wealth. At the same time, the bottom 50% of households have just $50,000 in wealth. As a group, the top 10% holds 66.9% of the nation’s household wealth. In contrast, the bottom 50% only holds 2.5%.
Today, the concentration of income toward the ultra rich is at its highest point since 1980.
In fact, over the past four decades, average incomes grew by 135% for upper-class Americans, but just 38% and 23% for middle and low-income Americans, respectively.
Although the latter income brackets account for more than 60% of the nation’s consumption, their purchasing power is getting significantly lower.
=======================================
Steven Van Metre
May 29, 2024
FDIC Cautions All Depositors: Your Deposits May Not Be Safe
=======================================
Lena Petrova
May 29, 2024
Shocking Forecast: China, India Economic Growth Beats Expectations and Bilateral Trade Ties
Advertisement
______________________________________________________
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
