Disaster In The Making – Bill Gates, Jeff Bezos And Warren Buffett Are Wealthier Than Poorest Half Of US

While most Americans would celebrate the notion of being filthy stinking rich, in hopes of one day hitting it big as well, this particular situation is a disaster.  Consider the following…..

Bill Gates, Jeff Bezos and Warren Buffett are wealthier than poorest half of US

The three richest people in the US – Bill Gates, Jeff Bezos and Warren Buffett – own as much wealth as the bottom half of the US population, or 160 million people.

Analysis of the wealth of America’s richest people found that Gates, Bezos and Buffett were sitting on a combined $248.5bn (£190bn) fortune. The Institute for Policy Studies said the growing gap between rich and poor had created a “moral crisis”.

Moral crisis would be an understatement. 

The game is rigged. Sure, the individuals above are successful in their own right, but the overall wealth disparity should never approach these levels.

Again, you can blame the FED for that. The individuals above have access to zero interest rates and unlimited financing. Further, the FED’s experiment in monetary insanity we are witnessing today has inflated a financial bubble of massive proportions. Pushing the wealth of equity holders to unimaginable and highly speculative levels.

I have said this before and I will say it again. This is a disaster in the making for America and its economy. When only a few people control so much wealth, the overall economy eventually implodes. Considering the fact that most Americans are carrying heavy debt loads, the above becomes a foregone conclusion. Just a matter of time.

If you would like to find out when that happens, based on our mathematical and timing work, please Click Here.