Agreed!!!!!!!!!!!!!!!!!!!!!

[veerigadu]

Americans increasingly see the stock market as a barometer just for the rich, not the whole economy

 

 

https://www.cnbc.com/2020/12/11/americans-increasingly-feel-the-stock-market-isnt-barometer-for-economy-but-instead-the-wealdoesnt-indicate-overall-economy-health-but-that-of-the-wealthy-and-coporations.html

[mustang302]

Economy antae stock market green lo undatam ani dr.trump ,frcs,london. eppudooo chepparu..😂😂

[veerigadu]

3 minutes ago, mustang302 said:

Economy antae stock market green lo undatam ani dr.trump ,frcs,london. eppudooo chepparu..😂😂

Mana DB simham @idibezwada kuda told same 2same

[dewarist]

15 minutes ago, veerigadu said:

Americans increasingly see the stock market as a barometer just for the rich, not the whole economy

 

 

https://www.cnbc.com/2020/12/11/americans-increasingly-feel-the-stock-market-isnt-barometer-for-economy-but-instead-the-wealdoesnt-indicate-overall-economy-health-but-that-of-the-wealthy-and-coporations.html

This perception depends on where you stand economically and how your chips stack up in the stock market

Covid valana destroy aina familes enno unnayi, unfortunately no one cares about them because the stock market is up

[PilliBeta]

In a way everyone in this DB is richer than an average American. 

[dewarist]

Just now, PilliBeta said:

In a way everyone in this DB is richer than an average American. 

Generally Indian working community earns a higher wage than an average American, why is it surprising?

[ring_master]

15 minutes ago, PilliBeta said:

In a way everyone in this DB is richer than an average American. 

Who is an average american? Konni qualities odulu

[PilliBeta]

8 minutes ago, ring_master said:

Who is an average american? Konni qualities odulu

The average household income of an American family is 59k. So, if you're making more than that, you're richer than an average American. 

[veerigadu]

2 hours ago, PilliBeta said:

The average household income of an American family is 59k. So, if you're making more than that, you're richer than an average American. 

That's average income of a family. Percapita income is in around 38k. That's a terrible number considering the cost of living in this country. 

[PilliBeta]

1 minute ago, veerigadu said:

That's average income of a family. Percapita income is in around 38k. That's a terrible number considering the cost of living in this country. 

Per capita income of China is 9k and India is 2k USD. 

[veerigadu]

Just now, PilliBeta said:

Per capita income of China is 9k and India is 2k USD. 

Let's compare the average cost of living metrics as well then. 

[Rushabhi]

4 minutes ago, PilliBeta said:

Per capita income of China is 9k and India is 2k USD. 

PPP choodalemo not per capita income