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Capitalism: State transfers in US
  • Vitaliy_KiselevVitaliy_Kiselev

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    Before 2008 in average state got 9% of people income.

    After short little sponsoring state moved to around 3.4% level.

    To add perspective - it means that from 2008 goverment subsidised all 100% of people savings and stock investments (as it is around 7%).

    And from COVID beginning jumped to giving up to 12% of total income.

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  • Vitaliy_KiselevVitaliy_Kiselev

    Great Depression to add perspective to present failure

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    Savings rate (hence why it is so important to grow tech bubble as such way you can sanitize up to 90% of savings!)

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