As the wealthiest 1% of the entire American population owns 99% of the United States' total cumulative wealth, likewise, the wealthiest 1% of all African-Americans currently owns 56% of the combined African-American cultural wealth as of 2011. This phenomenon occurred within the exact same two decades of capitalistic victory celebrations after the end of the Cold War, in 1991. During the same 20 years, 1991-2011, exactly one generation, while the U.S. experienced the decadence of toxic leveraged debt leading to the greatest housing market crash in the history of humanity, a global economic...
As the wealthiest 1% of the entire American population owns 99% of the United States' total cumulative wealth, likewise, the wealthiest 1% of all Afri...
