re: "Don't look now, but they're already at 84%"
Yes, that sounds about right. Most people have no interest in doing what it takes to acquire wealth.
They don't do the work they should when they're in school. They don't get the in-demand college degrees. They spend money whenever they get their hands on it.
If a person wants money, he can get it. When I was in school and earning $14,500 per year, I still managed to save a few thousand of it each year. But my buddies who'd quit school and were working for union wages at P.I.E. (trucking) had nothing in the bank.
So, no sympathy here. If 85 percent of the wealth is in the hands of the upper 20 percent, it's because the upper 20 percent does what's needed to make and hold onto money. There's nothing standing in the way of others who want to do the same thing: work extremely hard, make a decent living, and build wealth.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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