the money you lose ends up in someone's pocket
Reposted from
Mekka Okereke
Mega wealthy people will not just "be OK" during an economic crash. They will make *more* money.
They buy stuff at fire sale prices, and when value returns to normal, they make a killing.
Poor people lost half a trillion dollars during the pandemic shock. Billionaires gained half a trillion.🙂🙃
They buy stuff at fire sale prices, and when value returns to normal, they make a killing.
Poor people lost half a trillion dollars during the pandemic shock. Billionaires gained half a trillion.🙂🙃
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