grte to Canada · 6 months agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square139fedilinkarrow-up1612arrow-down148
arrow-up1564arrow-down1external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte to Canada · 6 months agomessage-square139fedilink
minus-squaremaxprime@lemmy.mllinkfedilinkarrow-up3·6 months agoThe problem is that’s basically what billionaires do, though. They take out loans with their shares as collateral. So on paper they have huge debt, but it’s minuscule compared to their wealth.
The problem is that’s basically what billionaires do, though. They take out loans with their shares as collateral. So on paper they have huge debt, but it’s minuscule compared to their wealth.