brbposting@sh.itjust.works to Work Reform@lemmy.world · 10 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-square119fedilinkarrow-up11.11Karrow-down111file-text
arrow-up11.1Karrow-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.worksbrbposting@sh.itjust.works to Work Reform@lemmy.world · 10 months agomessage-square119fedilinkfile-text
minus-squareShowroom7561linkfedilinkarrow-up30·10 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-squarefosforus@sopuli.xyzlinkfedilinkarrow-up2arrow-down1·edit-210 months agoAnd that’s not how any of this works at all. Zero-sum game this is not.
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down2·10 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.