What share of the population is said to control nearly 25% of the wealth?

Name: Don't Be Caught in the Middle - Pick a Side
Uploaded: 2018-10-17T21:52:59Z
Channel: Matt Britton
Description: As wealth concentrates at the top, companies face a choice: go cheap or go luxury. The richest 0.1% now control nearly 25% of wealth, leaving the middle…

Matt BrittonFounder & CEO powering AI-driven consumer insights

Don't Be Caught in the Middle - Pick a Side

17 Oct 2018

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As wealth concentrates at the top, companies face a choice: go cheap or go luxury. The richest 0.1% now control nearly 25% of wealth, leaving the middle market squeezed. Retailers like Dollar General thrive at the bottom, Coach and Four Seasons at the top. Staying in the middle means nowhere else land.

Questions this video answers

0.1% of the population controls nearly 25% of the wealth.

Any company that finds themselves in the middle that doesn't pick a side in this country where the middle class is getting rapidly eroded is going to find themselves in nowhere else land. So what do I mean by that? On the value side you have Dollar Store, Dollar Tree, Dollar General, Walmart, Vizio that sells flat screens for $200 a month winning on supply chain innovation trying to get people the best most cheapest product possible with the withering middle class there's going to be people with the haves and have nots in first time since the roaring twenties 0.1% of the population controls nearly 25% of the wealth not saying it's good saying it's just the way it is Luxury side blade that shuttles people from New York City to the Hamptons where am I going today? Coach Michael Kors Four Seasons JetSmarter that that is a private jet membership club those companies cannot sell memberships and products fast enough. Do not be caught in the middle Companies need to pick a side.