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by jamieb 5363 days ago
which I assume is pretty much the same today

a) Why would you assume that after a major crash the distribution is the same?

b) And the paper that you quoted says this: "So as of April 2010, it looks like the wealth distribution is even more unequal than it was in 2007."

1 comments

a) My best guess at the weather tomorrow is the weather today. 2007 was the latest data I saw. I did not read 99% of that document. After the dot-com crash the wealth distribution became much more equal, so a major crash can go either way.

b) You're right, my assumption was wrong. Thanks for finding that quote and sharing it.