Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It really is amazing how good covid was for the upper class: so much money flowed into the economy, huge stock market gains, large pay increases (not experienced by the middle and lower classes) -- all of it is on display with what is being described here. Every asset class for the rich -- from art to vacation homes -- has experienced dramatic gains in the past two years.
What do you consider "upper class"? Not being snarky, I'm truly curious because I think there are a few misconceptions about this floating around.
If you own a 2nd home that you do not have to rent out, you are definitely "upper class".
Pretty sure "upper class" is legally defined as
1.8x where x is how much money the poster makes
English please? What does that even mean.
I did not post it, but I think it's a sarcastic way of saying that most people who are doing well think that upper class is some multiple of what they currently make/have ("I'm not in the upper class, I only make $250K and have $4 million in assets. Upper class means double that"), when in fact the actual truth is that they are already in the upper class.