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The New York Times Retweeted: “Abolish Billionaires.” Retweeted tweet: Abolish Billionaires. When American capitalism sends us its billionaires, it’s not sending its best. Here’s my @nytopinion column on a pretty … Read more
by Simon Black We write a lot about global debt levels at Sovereign Man. In fact, the very first Notes from the Field I ever wrote, in June 2009, was about how broke the … Read more
by Jesse Colombo The global elite are meeting in Davos, Switzerland this week and are richer than ever. Bloomberg reports – A decade after the financial crisis poured flat champagne on the … Read more
by Michael Snyder If you add together all of the money owned by the poorest 3.8 billion people living on this planet, it would roughly equal the wealth controlled by … Read more
by markyu007 Largest positive changes to net worth Jeff Bezos (Amazon): +$24 billion Lei Jun (Xiaomi): +$8.6 billion Colin Huang (Pinduoduo): +$6.9 billion Largest negative changes to net worth … Read more
by randomdood81 For a guy who was so worried about our debt under Obama, as soon as his party takes control, he passed a $2 trillion tax give away to the … Read more
From Bloomberg: It’s official now that Jack Ma, chairman of the Chinese e-commerce giant Alibaba Group Holdings Ltd., is a member of the Communist Party. He’s also the richest of a growing gaggle … Read more
by howmuch If you added up all the money of every billionaire in the world, you’d have about $8.9 trillion in wealth as of 2017. That represents the greatest total … Read more
via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. America’s wealthiest have made their fortunes in a wide variety of ways, but there is one thing many … Read more
A joint report by UBS and PWC showed that world’s billionaires’ wealth enjoyed its greatest-ever increase last year, hitting $8.9 trillion shared among 2,158 individuals. “The past 30 years have … Read more
by howmuch If you want stark visual proof of global inequality, here it is. Both halves of this graph represent an equal amount of global wealth. The top half consists … Read more
by Thinker Opreations happening around the world by the deep state withouth the knowledge of the president??? When it comes to the “TRUTH” the only people that are having a … Read more
There is a massive gap in between the rich and the poor. In fact, there has never been such a large gap. The trouble is that a healthy and strong … Read more
via commondreams.org: Year after year, decade after decade, Republicans in Washington have lectured the American people about the need for “welfare reform.” In the 1980s, Ronald Reagan railed against a fictitious “welfare … Read more
by visualcapitalist If you’ve studied the history of markets, you know that sentiment can turn on a dime. Whether it is an unexpected wake-up call like the collapse of Lehman Brothers, … Read more