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-square120fedilinkarrow-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-square120fedilinkfile-text
minus-squareYewb@lemmy.worldlinkfedilinkarrow-up6arrow-down4·10 months agoThese are all paper gains if they would never be able to realize that money in reality.
minus-squareSentau@discuss.tchncs.delinkfedilinkarrow-up9·10 months agoYeah but to achieve this paper gains I would wager a lot of people have been screwed out of their real money
minus-squarek-rad@lemmy.worldlinkfedilinkarrow-up9arrow-down2·10 months agoYou can use paper gains as leverage for loans against the gains and get that sweet liquidity to pay for underage escorts at Davos
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down1·10 months agoYou still have to pay taxes on whenever you need income to pay those loans
minus-squareperry@lemmy.worldlinkfedilinkarrow-up3arrow-down9·10 months agoOh be quiet. I bet you believe in pizza gate
minus-squareBlackmist@lemmy.worldlinkfedilinkEnglisharrow-up3·10 months agoJust see how much they claim to be worth when we finally get a wealth tax.
These are all paper gains if they would never be able to realize that money in reality.
Yeah but to achieve this paper gains I would wager a lot of people have been screwed out of their real money
You can use paper gains as leverage for loans against the gains and get that sweet liquidity to pay for underage escorts at Davos
You still have to pay taxes on whenever you need income to pay those loans
Oh be quiet. I bet you believe in pizza gate
Just see how much they claim to be worth when we finally get a wealth tax.