Wealth Inequality in America Has Never Been Worse. The Middle Class Has Disappeared

Share this video with a friend and let us know what you thought about the video below. Thank you for watching -- Humphrey, Rickie & Team

Remember when people were donating money to Kylie Jenner so she could be the world's youngest billionaire........

Wealth has a quality to it that's akin to escape velocity. Once you got enough of it, building more just becomes easy and natural. Before that point it requires struggle and sacrifice ranging from moderate to enormous.

I still have this specific video saved from a decade ago, and always wondered how much worse it could be today. The visual breakdowns were terrifying. Really good work resurrecting this reality for people to see and truly comprehend.

Dude, I've been watching your videos for a long time and yes, I'm here for the financial advice and insight. But let's give a shoutout to the HUGE improvement in production quality! From the camera position and framing to the subtle use of color and lighting. Incredible. Go on viewer, go back and watch some older videos (which are still super informative and helpful) and you will see such a jump in the quality this channel that it deserves some attention. Great job as always, Humphrey! Oh, and this one was depressing as hell. Renting forever, I guess.

It’s sad how hard it is to climb out of poverty these days. Great video.

Why people donate money to politicians always blown my mind. They have no right to speak about wealth inequality.

finally someone updated this video. It’s an amazing video but yeah it’s 10 years old. I’m glad someone put the effort in and updated it for current times.!! Thank you!

John Steinbeck once said that socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.

U.S. Wealth Inequality videos are always mind-boggling -- also, dude!? You were the rice video creator!! I loved that video and was thinking of it the entire time up until you mentioned you made that one! Sorry I forgot you did it. My mind was locked in on the visualization in that video and everything else just sort of fell to the background. Kudos on another great video on the issue.

Just stumbled on your videos, and they're great. I'm a huge visual learner, and I appreciate your concise explanations of all the topics i've seen so far! Keep it up!

[convincing story about how I got rich] [use a different account to stage a conversation] [namedrop a fake advisor]

Long story short, there is plenty of pie (wealth) for everybody to have their fill. It's no secret that, the 1-Percenters accumulate a greater share of wealth through corporate equity. The solution I've always imagined is having companies have more employee owned stock. Maybe even to the point where companies of a certain size are required to have up to 49 percent of shares owned by employees. Also having a min number of board members be representative of employees would also help with pulling back executive compensation while raising wages of the lower ranks.

Wealth inequality will only get worse as time goes on. Why? Because it's the super rich that can throw around cash and influence politicians and thus the law. I'll be lucky if by the time I retire, I can have at least 3 million in my retirement, which may really not even be that much given the rate of inflation.

Love this video. The visualizations are awesome - would love seeing more stuff like this!

Dont know why this took 9 days to be recommended to me, these videos and conversations are why I love your channel

I showed the old video that inspired you to my seniors that I teach. This update is what I've been waiting for. Thank you for this.

Stranger: what’s your net worth? Me: 10 toblerone triangles

The median net worth of American household as said here is $121k. But the average net worth of a household is 746k, you need to be in the top 15% of household to reach that net worth, the top richest households owns so much they skews the average to more than 6 times the median. Meanwhile the bottom 15% net worth is almost nothing.

I like the format. Can you make a video on the housing market? Specifically, I would like to know the number of unoccupied properties. I have heard that a lot of the properties have been purchased by cooperate companies. Some of these places are empty. It seems to me that-that is on purpose. I owners don't have to worry about it because they can make up for losses whenever they want to. Nevermind that a lot of the properties were acquired during the financial crisis and the pandemic.