Trying to wrap my head around these numbers, not necessarily doubting them, but they’re just astonishing to consider. https://www.marketwatch.com/story/this-u-s-city-has-the-highest-share-of-superrich-residents-in-the-world-its-not-san-francisco-new-york-or-seattle-11625247163?siteid=yhoof2
It's dangerous, too. According to no less an authority than Herbert Hoover (and economist Galbraith among others) a primary cause of the Great Depression was severe unequal distribution of wealth.
It can also be a source of serious social unrest leading to violent revolution though I think we are a long way from that.
Not suprised about San Jose and a handful of the other cities, the amount of wealth they have is just staggering. Just surprised and alarmed at the number of other cities with such dangerous concentrations of wealth.
