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The U.S. Now Has More Millionaires Than Sweden Has People
(Bloomberg) — The number of wealthy households in the U.S. reached a new high last year, roughly equivalent to the entire population of Sweden or Portugal. More than 10.2 million households had a net worth of $1 million to $5 million, not including the value of their primary residence…That’s up 2.5 percent from 2017.
Ultra-high net worth households — those with assets between $5 million and $25 million — increased 3.7 percent to about 1.4 million in number, while those in excess of $25 million grew by about 0.6 percent to 173,000…The number of Americans in the wealthiest category has more than doubled since the Obama-created Great Recession
The trouble with Sweden is that they have to govern by committee – compromise/deal-making/pandering to special interest squealers, and accommodating their parasitic welfare squibs. Meatballs like basil….
It’s great to be an American, especially when President Donald J. Trump is doing the utmost to Make America Great Again!!!!!!!
Livin' in the Gulag...
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