The reason this is all happening is that the world's wealthiest people can afford to lose half a trillion dollars, and still be the richest people on earth. Consider what that means for the rest of us.
Reposted from
Lauren McKenzie
The one sliver of good news
Comments
They make smokers big enough for billionaires I've seen them
The tax is real.
... what if trillions of dollars lose the richest people on Earth?
Can't we just get rid of these vermin and keep their wealth?
Just a possible solution.
Pre-COVID wealth levels compared to today (close of markets 4/4) wealth levels?
Because we need to remember a lot of this Wallstreet Casino wealth was made during COVID times.
(Asking because I want to see the uber wealthy lose real money.)
“Treason doth not prosper for if it prospers none dare call it treason”
If you or I lose half the value of our home, its a crisis.
A billionaire will also lose value, BUT they can buy your loss value asset (home) and wait for it to track back up.
Consolidation.
Even if Trump isn’t using this opportunity to short sell stocks… he’s for sure flown back to Florida today to sit back and begin the hard work of accepting grifts for exemptions.