@brbposting@sh.itjust.works to Work Reform@lemmy.world • 5 months ago"Morbidly Wealthy": The world’s five richest men have more than doubled their fortunes from $405b to $869b since 2020—at a rate of $14m/hr—while nearly five billion people have been made poorersh.itjust.worksimagemessage-square117fedilinkarrow-up11.07Karrow-down112file-text
arrow-up11.06Karrow-down1image"Morbidly Wealthy": The world’s five richest men have more than doubled their fortunes from $405b to $869b since 2020—at a rate of $14m/hr—while nearly five billion people have been made poorersh.itjust.works@brbposting@sh.itjust.works to Work Reform@lemmy.world • 5 months agomessage-square117fedilinkfile-text
minus-square@Showroom7561@lemmy.calinkfedilink28•5 months agoThat’s a hell of a lot of money to steal in just a few years. In under a decade, they’ll all be trillionaires, and we’ll all be trillions of dollars poorer.
minus-square@fosforuslink1•edit-25 months agoAnd that’s not how any of this works at all. Zero-sum game this is not.
minus-square@nbafantest@lemmy.worldlinkfedilink-1•5 months ago This is the S&P 500, guess where they’re starting this headline from? Guess what happened immediately before this report’s “2020” start date.
That’s a hell of a lot of money to steal in just a few years. In under a decade, they’ll all be trillionaires, and we’ll all be trillions of dollars poorer.
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And that’s not how any of this works at all. Zero-sum game this is not.
Thanks Yoda.
This is the S&P 500, guess where they’re starting this headline from? Guess what happened immediately before this report’s “2020” start date.