study: median black wealth to hit 0 by 2053....we can't let that happen, my friends

[basquebromance]

there's a lot at stake here, my friends!

Median wealth of black Americans 'will fall to zero by 2053', warns new report

 

[Mikeoxenormous]

there's a lot at stake here, my friends!

Median wealth of black Americans 'will fall to zero by 2053', warns new report

Wrong....The world is going to end by 2030 as AOC predicted...everyone loses...Egad sometimes you can be the stupidest person on the planet.

https://www.washingtonpost.com/opin...world-will-end-years-she-is-absolutely-right/


I remember everything a liberal says, because it is the most ridiculous thing spewed from a foul orifice. So which is it 2030 or 2053?

 

[harmonica]

there's a lot at stake here, my friends!

Median wealth of black Americans 'will fall to zero by 2053', warns new report

..blacks are doing very well--considering they graduate at lower levels...I've linked this many times
...and does that take into account super mega wealthy whites? !!? the stats are skewed because a lot of whites are super wealthy making BILLIONS$

.....AND---we TRY to help---but you can't help them because they don't accept the TRUTH/FACTS---..instead of concentrating on critical--REAL--problems like graduation rate and high crime rates, they concentrate on IDIOTIC-- FAKE--NON-IMPORTANT crap like when a cop DEFENDS himself against a jackass criminal.....they are more worried about CRIMINALS than their kids being MURDERED by other blacks and not graduating = self destructive idiocy

 

[Billy_Kinetta]

there's a lot at stake here, my friends!

Median wealth of black Americans 'will fall to zero by 2053', warns new report

 

[IM2]

“It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm.”

Brentin Mock, “White Americans’ Hold on Wealth Is Old, Deep, and Nearly Unshakeable”

 

[Flash]

As somebody said above, the earth is going to burn up and we all are going to die in a little over 11 years so why is anybody worrying about something 30 years away?

 

[Mikeoxenormous]

“It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap, according to a report released this month from the global consultancy firm McKinsey & Company. That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually, said McKinsey. If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP according to the firm.”

Brentin Mock, “White Americans’ Hold on Wealth Is Old, Deep, and Nearly Unshakeable”

Does Oprah and Morgan Freeman fall in that racial gap? Or is she a turncoat? Is Freeman a turncoat? You are such a petulant little girl...

Oprah Winfrey Net Worth | Celebrity Net Worth
Morgan Freeman Net Worth | Celebrity Net Worth
Shaquille O'Neal Net Worth | Celebrity Net Worth

 

[depotoo]

Well, that article is 2 years old, and stated Black wealth would be at zero in 2020. The median wealth in 2019 was listed at $138,200 by the economist, soooo....
It is increasing, rather than shrinking.
The black-white wealth gap is unchanged after half a century

Black households have only 10 cents in wealth for every dollarheld by white households. In 2016, the median wealth of non-Hispanic white households was $171,000. That’s 10 times the wealth of black households ($17,100) – a larger gap than in 2007
5 facts about blacks in the U.S.

From $17,100 to $138,200 in two years...

 

[harmonica]

..if anything, their wealth is better than whites per capita
they are only 12% of the population but WAY overrepresented in HIGH paying jobs NFL/NBA/entertainers.....also in the car manufacturing industry and postal service...also in city governement jobs which have GREAT benefits