As The Rich Start To Struggle, Will They Pull Down The Economy? | Danielle DiMartino Booth
Thoughtful Money with Adam Taggart

As The Rich Start To Struggle, Will They Pull Down The Economy? | Danielle DiMartino Booth

2026-02-04
We've all come to accept the US is now a K-shaped economy.The rich are at the top, living large off of their asset appreciation.And everyone else - the vast majority -- is in the bottom leg. Feeling increasingly left behind.But the rich have been spending so amply that they've kept the averages for retail spending -- which drives the majority of our GDP -- in "healthy" territory.But what will happen if the rich start to stumble?Analyst Danielle DiMartino Booth thinks we are seeing signs they're...
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