Charting America's 0.1% Exceptionalism

Tyler Durden's picture

Lately Joseph Stiglitz' Vanity Fair article "Of the 1%, by the 1%, for the 1%" has gotten a lot of airplay. Unfortunately, Stiglitz appears to have been a decimal comma off. As Jeff Gundlach presents in a slide in his latest presentation, it is really about the 0.1%. And that's where America's exceptionalism (in three generations of theft from the middle and lower-classes) really shins through...