116
Twelve U.S. Billionaires Now Have a Combined $2 Trillion
(inequality.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Dec 2024
116 points (99.2% liked)
United States | News & Politics
1945 readers
766 users here now
Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.
If you’re interested in participating, please subscribe.
Rules
Be respectful and civil. No racism/bigotry/hateful speech.
Post anything related to the United States.
founded 2 years ago
MODERATORS
To put a liiiiitle perspective here:
Have, or control?
That is saying, do they have 2 trillion dollars in their bank accounts or is it an Elon Musk situation where you just own companies that are literally 100-1000 tikes over valued and when you sell a good swatch of stock, the value of said stock would crash (hello, Tesla!)?
Just saying that in reality, it's likely to be a lot less
Having said that, fuck these assholes, take it all away and let them live homeless on the street like all the people that live like that because of them
When you can use that stock as collateral for a personal loan that does go straight into your bank account... then what's the difference?