The Economic State of Black America

[blackestofpanthers]

Black people consistently hold a tiny sliver of the overall wealth of the United States.

Why it matters: Non-Hispanic whites account for about 62% of Americans, but control 84% of the nation's wealth, per the Federal Reserve.

• Black Americans, who represent more than 12% of the population, own only 3.4% of the country's wealth, per the Federal Reserve. That's down sharply from 4.7% in 2017.

Follow the money: Black Americans had just $313 billion in stocks and mutual funds as of the third quarter of 2024, up a mere 3.4% in seven years.

• White Americans, by contrast, have $41 trillion of stock-market wealth — up 91% over the same time period.

The bottom line: On an absolute level, in nominal dollars, Black Americans have more wealth than ever — some $5.4 trillion in total. But their share of the total is not only tiny but also shrinking.

https://www.axios.com/2025/02/17/economic-state-of-black-america

 

[In The Zone '98]

Forever underclass

Do the best you can for you and yours

 

[Mystic]

Lowkey really high-key we could pull together resources on this bytch to make some real money on here but y'all don't wanna hear it. Black people as a whole we all could just come together(everybody, not just us in here) and do something incredible. Think about it, a million black people chip in $10 and we got 10 million to do something incredible with. I had an app ideal called Black America Again and I showed it to Puff (this was the day before one of his people grabbed my junk) and he liked it and was like Imma get you in contact with some real people but I think the person who he gave me a contact to basically blew me off(pause cause of above) and I think Puff really fukked with it. It sounded like it through the "I like your style daddy" and shyt

 

[UpNext]

Black Americans, who represent more than 12% of the population, own only 3.4% of the country's wealth, per the Federal Reserve. That's down sharply from 4.7% in 2017.


"Black" people fanning out for either major political party are disgraceful. They're gonna duck this topic too

 

[Chrishaune]

Lowkey really high-key we could pull together resources on this bytch to make some real money on here but y'all don't wanna hear it. Black people as a whole we all could just come together(everybody, not just us in here) and do something incredible. Think about it, a million black people chip in $10 and we got 10 million to do something incredible with. I had an app ideal called Black America Again and I showed it to Puff (this was the day before one of his people grabbed my junk) and he liked it and was like Imma get you in contact with some real people but I think the person who he gave me a contact to basically blew me off(pause cause of above) and I think Puff really fukked with it. It sounded like it through the "I like your style daddy" and shyt

You would have to get out from under the European controlled financial system. (It was created to enslave)
But they have a plan for you with that as well. That's why they are taking everything digital and AI.
People have to realize you will have a war on your hands. That's going to keep a lot of people docile because they don't want to fight for anything. Fight each other yeah, but not who they need to fight. Walking into slavery willingly.

 

[BaggerofTea]

every black parent out there

put a foot up your kids ass to master math, science and physics

get them into some level even if elementary, of coding

 

[Ol’Otis]

Read “The Color Of Money”

 

[RickyDiBiase]

people who were locked out of many aspects of wealth, let alone basic components of human life (education, health, cultural amenities), couldn't reach significant amount of wealth as people who had damn near half a millennium head starts?

I know those damn tethers are the cause!

 

[blackestofpanthers]

Read “The Color Of Money”

 

[Mystic]

Lowkey really high-key we could pull together resources on this bytch to make some real money on here but y'all don't wanna hear it. Black people as a whole we all could just come together(everybody, not just us in here) and do something incredible. Think about it, a million black people chip in $10 and we got 10 million to do something incredible with. I had an app ideal called Black America Again and I showed it to Puff (this was the day before one of his people grabbed my junk) and he liked it and was like Imma get you in contact with some real people but I think the person who he gave me a contact to basically blew me off(pause cause of above) and I think Puff really fukked with it. It sounded like it through the "I like your style daddy" and shyt

And even after this post if I made a thread about us coming together and making stuff happen y'all would still look over it