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This is great news. Corporate profits are up. Oil profits are up. Executive compensation is up. I heard this morning on the news that the jumbo real estate market ($25.M and up), at least in Seattle, is up. High end cars are doing fine.
The criticism should go to ordinary folks like you and me. Well, me at least. Real wages have fallen during the same period. Inflation has risen and will shortly be getting out of hand. So.......rich folks are holding up their end of the bargain. It's the "regular Joes" who are failing to perform. Economically.
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Man of Carbon Fiber (stronger than steel)
Mocha 1978 911SC. "Coco"
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