Quick google search lists 123.6 million households, and 1.5 million nonprofits. So 125M still seems right.Cassandros wrote: ↑Fri Jul 01, 2022 1:20 amCalling non-profits households is ridiculous...B-Tender wrote: ↑Fri Jul 01, 2022 1:08 am Here's the link:
https://fred.stlouisfed.org/series/TNWBSHNO
The link combines households and non-profit orgs.
But now it makes sense why that number is so high.
Cut them out and Animal's $640 is probably spot on.
Biden's Stock Market - 31,164 on Day 1.
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Re: Biden's Stock Market - 31,164 on Day 1.
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Re: Biden's Stock Market - 31,164 on Day 1.
yeah, yoiu are right. i think they misprinted the 80 trillion. that has to be 80 billion. because the $64 number seems believable. The $80 trillion seems ridiculous to me.Cassandros wrote: ↑Fri Jul 01, 2022 1:11 amIts a lot of zeroes, even people who are good with numbers can miss a place.Animal wrote: ↑Fri Jul 01, 2022 12:42 am80 trillion / 125 million is the same as 80,000/125 which is 640. So, over 10 years, each household income grew around $640.Cassandros wrote: ↑Fri Jul 01, 2022 12:26 amI would love to know where these numbers were pulled from...B-Tender wrote: ↑Thu Jun 30, 2022 11:48 pm Just a bit of perspective, not because I am supporting the current administration, but to keep myself calm during a turbulent time.
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
Adding 80 trillion dollars to ~125 million households over the course of 10 years means the average household 'net worth' raised ~$640,000.
Highly unlikely.
Highly likely.
But...
80,000,000,000,000
.........125,000,000
80,000,000
125
= 640,000
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Re: Biden's Stock Market - 31,164 on Day 1.
Or non-profits rack in a lot more than we realize.Animal wrote: ↑Fri Jul 01, 2022 2:01 amyeah, yoiu are right. i think they misprinted the 80 trillion. that has to be 80 billion. because the $64 number seems believable. The $80 trillion seems ridiculous to me.Cassandros wrote: ↑Fri Jul 01, 2022 1:11 amIts a lot of zeroes, even people who are good with numbers can miss a place.Animal wrote: ↑Fri Jul 01, 2022 12:42 am80 trillion / 125 million is the same as 80,000/125 which is 640. So, over 10 years, each household income grew around $640.Cassandros wrote: ↑Fri Jul 01, 2022 12:26 amI would love to know where these numbers were pulled from...B-Tender wrote: ↑Thu Jun 30, 2022 11:48 pm Just a bit of perspective, not because I am supporting the current administration, but to keep myself calm during a turbulent time.
"U.S. household net worth is $80 trillion higher today than it was ten years ago, which is astounding. But it’s about $700 billion lower than it was three months ago, which is honestly nothing. Yet one of those figures creates ten times the headlines, ten times the attention, ten times the emotions, ten times the introspection. It has nothing to do with the level of wealth and everything to do with the trajectory."
A link to the whole article:
https://www.collaborativefund.com/blog/ ... wealthier/
Adding 80 trillion dollars to ~125 million households over the course of 10 years means the average household 'net worth' raised ~$640,000.
Highly unlikely.
Highly likely.
But...
80,000,000,000,000
.........125,000,000
80,000,000
125
= 640,000
If the average non-profits 'net worth' rose 1 million per year; with 1.5 million of them, that's ~$15 trillion right there.
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Re: Biden's Stock Market - 31,164 on Day 1.
Look at the difference in wealth of just the 10 richest Americans from 2012 to 2022.
RANK NAME WEALTH SOURCE $ CHANGE FROM 2011
1 Bill Gates $66 billion Microsoft + $7 billion
2 Warren Buffett $46 billion Berkshire Hathaway + $7 billion
3 Larry Ellison $41 billion Oracle + $8 billion
4 Charles Koch $31 billion Diversified + $6 billion
4 David Koch $31 billion Diversified + $6 billion
6 Christy Walton & family $27.9 billion Wal-Mart + $3.4 billion
7 Jim Walton $26.8 billion Wal-Mart + $5.7 billion
8 Alice Walton $26.3 billion Wal-Mart + $5.4 billion
9 S. Robson Walton $26.1 billion Wal-Mart + $5.6 billion
10 Michael Bloomberg $25 billion Bloomberg LP + $5.5 billion
Top 10 Richest People In USA 2022
Rank Richest People In USA 2022 Estimated Net Worth
#1 Jeff Bezos $200 Billion
#2 Elon Musk $156 Billion
#3 Bill Gates $125.7 Billion
#4 Mark Zuckerberg $117.8 Billion
#5 Warren Buffett $108.1 Billion
#6 Larry Ellison $102.1 Billion
#7 Larry Page $100.7 Billion
#8 Sergey Brin $97.9 Billion
#9 Steve Ballmer $72.9 Billion
#10 Alice Walton $67 Billion
RANK NAME WEALTH SOURCE $ CHANGE FROM 2011
1 Bill Gates $66 billion Microsoft + $7 billion
2 Warren Buffett $46 billion Berkshire Hathaway + $7 billion
3 Larry Ellison $41 billion Oracle + $8 billion
4 Charles Koch $31 billion Diversified + $6 billion
4 David Koch $31 billion Diversified + $6 billion
6 Christy Walton & family $27.9 billion Wal-Mart + $3.4 billion
7 Jim Walton $26.8 billion Wal-Mart + $5.7 billion
8 Alice Walton $26.3 billion Wal-Mart + $5.4 billion
9 S. Robson Walton $26.1 billion Wal-Mart + $5.6 billion
10 Michael Bloomberg $25 billion Bloomberg LP + $5.5 billion
Top 10 Richest People In USA 2022
Rank Richest People In USA 2022 Estimated Net Worth
#1 Jeff Bezos $200 Billion
#2 Elon Musk $156 Billion
#3 Bill Gates $125.7 Billion
#4 Mark Zuckerberg $117.8 Billion
#5 Warren Buffett $108.1 Billion
#6 Larry Ellison $102.1 Billion
#7 Larry Page $100.7 Billion
#8 Sergey Brin $97.9 Billion
#9 Steve Ballmer $72.9 Billion
#10 Alice Walton $67 Billion
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Re: Biden's Stock Market - 31,164 on Day 1.
31,037
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Re: Biden's Stock Market - 31,164 on Day 1.
I posted today’s number, Joe has 6 more years
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Re: Biden's Stock Market - 31,164 on Day 1.
I see Who is continuing his daily quest to be the dumbest MFer on UJR.
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Re: Biden's Stock Market - 31,164 on Day 1.
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Re: Biden's Stock Market - 31,164 on Day 1.
Jan 20 2017- 19,732
Jan 20 2021- 30,930
Joe has a long way to go to meet the Trump standard. 100 points in 18 months aint gonna get him there
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Re: Biden's Stock Market - 31,164 on Day 1.
Trump was already impeached once by this time, wasn’t he?
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Re: Biden's Stock Market - 31,164 on Day 1.
I feel like this bears repeating.B-Tender wrote: ↑Fri Jul 01, 2022 2:22 am Look at the difference in wealth of just the 10 richest Americans from 2012 to 2022.
RANK NAME WEALTH SOURCE $ CHANGE FROM 2011
1 Bill Gates $66 billion Microsoft + $7 billion
2 Warren Buffett $46 billion Berkshire Hathaway + $7 billion
3 Larry Ellison $41 billion Oracle + $8 billion
4 Charles Koch $31 billion Diversified + $6 billion
4 David Koch $31 billion Diversified + $6 billion
6 Christy Walton & family $27.9 billion Wal-Mart + $3.4 billion
7 Jim Walton $26.8 billion Wal-Mart + $5.7 billion
8 Alice Walton $26.3 billion Wal-Mart + $5.4 billion
9 S. Robson Walton $26.1 billion Wal-Mart + $5.6 billion
10 Michael Bloomberg $25 billion Bloomberg LP + $5.5 billion
Top 10 Richest People In USA 2022
Rank Richest People In USA 2022 Estimated Net Worth
#1 Jeff Bezos $200 Billion
#2 Elon Musk $156 Billion
#3 Bill Gates $125.7 Billion
#4 Mark Zuckerberg $117.8 Billion
#5 Warren Buffett $108.1 Billion
#6 Larry Ellison $102.1 Billion
#7 Larry Page $100.7 Billion
#8 Sergey Brin $97.9 Billion
#9 Steve Ballmer $72.9 Billion
#10 Alice Walton $67 Billion
That is a massive increase in net wealth.
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Re: Biden's Stock Market - 31,164 on Day 1.
Bezos has lost over $62 billion THIS year. Elon Musk has lost over $69 billion this year. Mark Zuckerberg has lost $30 billion.Cassandros wrote: ↑Fri Jul 08, 2022 5:57 pmI feel like this bears repeating.B-Tender wrote: ↑Fri Jul 01, 2022 2:22 am Look at the difference in wealth of just the 10 richest Americans from 2012 to 2022.
RANK NAME WEALTH SOURCE $ CHANGE FROM 2011
1 Bill Gates $66 billion Microsoft + $7 billion
2 Warren Buffett $46 billion Berkshire Hathaway + $7 billion
3 Larry Ellison $41 billion Oracle + $8 billion
4 Charles Koch $31 billion Diversified + $6 billion
4 David Koch $31 billion Diversified + $6 billion
6 Christy Walton & family $27.9 billion Wal-Mart + $3.4 billion
7 Jim Walton $26.8 billion Wal-Mart + $5.7 billion
8 Alice Walton $26.3 billion Wal-Mart + $5.4 billion
9 S. Robson Walton $26.1 billion Wal-Mart + $5.6 billion
10 Michael Bloomberg $25 billion Bloomberg LP + $5.5 billion
Top 10 Richest People In USA 2022
Rank Richest People In USA 2022 Estimated Net Worth
#1 Jeff Bezos $200 Billion
#2 Elon Musk $156 Billion
#3 Bill Gates $125.7 Billion
#4 Mark Zuckerberg $117.8 Billion
#5 Warren Buffett $108.1 Billion
#6 Larry Ellison $102.1 Billion
#7 Larry Page $100.7 Billion
#8 Sergey Brin $97.9 Billion
#9 Steve Ballmer $72.9 Billion
#10 Alice Walton $67 Billion
That is a massive increase in net wealth.
Does that bear repeating?
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Re: Biden's Stock Market - 31,164 on Day 1.
It has as much value as someone pointing out that Purdue lost 600 million in a lawsuit/fine over Oxycodone, acting like it was a meaningful loss when the same family earned 10 billion from that same product.Animal wrote: ↑Fri Jul 08, 2022 6:47 pmBezos has lost over $62 billion THIS year. Elon Musk has lost over $69 billion this year. Mark Zuckerberg has lost $30 billion.Cassandros wrote: ↑Fri Jul 08, 2022 5:57 pmI feel like this bears repeating.B-Tender wrote: ↑Fri Jul 01, 2022 2:22 am Look at the difference in wealth of just the 10 richest Americans from 2012 to 2022.
RANK NAME WEALTH SOURCE $ CHANGE FROM 2011
1 Bill Gates $66 billion Microsoft + $7 billion
2 Warren Buffett $46 billion Berkshire Hathaway + $7 billion
3 Larry Ellison $41 billion Oracle + $8 billion
4 Charles Koch $31 billion Diversified + $6 billion
4 David Koch $31 billion Diversified + $6 billion
6 Christy Walton & family $27.9 billion Wal-Mart + $3.4 billion
7 Jim Walton $26.8 billion Wal-Mart + $5.7 billion
8 Alice Walton $26.3 billion Wal-Mart + $5.4 billion
9 S. Robson Walton $26.1 billion Wal-Mart + $5.6 billion
10 Michael Bloomberg $25 billion Bloomberg LP + $5.5 billion
Top 10 Richest People In USA 2022
Rank Richest People In USA 2022 Estimated Net Worth
#1 Jeff Bezos $200 Billion
#2 Elon Musk $156 Billion
#3 Bill Gates $125.7 Billion
#4 Mark Zuckerberg $117.8 Billion
#5 Warren Buffett $108.1 Billion
#6 Larry Ellison $102.1 Billion
#7 Larry Page $100.7 Billion
#8 Sergey Brin $97.9 Billion
#9 Steve Ballmer $72.9 Billion
#10 Alice Walton $67 Billion
That is a massive increase in net wealth.
Does that bear repeating?
Let me know when these 'poor billionaires' lose so much --> they return to their 2011 net worth levels.
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Re: Biden's Stock Market - 31,164 on Day 1.
Inflation Reduction Act will take care of thatnecronomous wrote: ↑Wed Aug 31, 2022 9:20 pmTotally won't raise gas prices though because Biden has no influence over gas prices. Wink wink
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Re: Biden's Stock Market - 31,164 on Day 1.
I am going to need for you to check with him first to see if he really meant that, if he was trolling or if he was just stating what he understands other people to think but he disagrees with. its very important to him that you know the difference. Thanks.
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Re: Biden's Stock Market - 31,164 on Day 1.
Look how nuts you are over this shit. It follows you thread to thread. Glad I'm in your triggered head. Flat earth loving moron.
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Re: Biden's Stock Market - 31,164 on Day 1.
The shadow of the round earth causes a lunar eclipse. True story.
^ press the word "SHOW" if you dare.
^ press the word "SHOW" if you dare.
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Re: Biden's Stock Market - 31,164 on Day 1.
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