General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBillionaires increased their wealth by 50% during the pandemic.
Are pandemics the new wealth stream for the elites going forward?
a kennedy
(29,642 posts)dempls
(35 posts)But raising minimum wage is going to destroy the country. So sick of this
Johnny2X2X
(19,021 posts)Thats where their net worth gain came from. What are they supposed to do, be bad at their jobs as CEOs so their stock price goes down?
edhopper
(33,554 posts)when Biden sent me $1200.
Tomconroy
(7,611 posts)But my retirements account did pretty well too. There was a nasty patch in the Spring of 2020, but as Warren Buffett says: Don't bet against America.
SoonerPride
(12,286 posts)But it takes 10,000 years to earn a billion dollars.
There should be zero billionaires.
Ever.
Take that Fucking money back.
Tax them back into the millionaire class.
Tomconroy
(7,611 posts)But your post reminded me of a Buffett joke: How do you become a millionaire? Start with a billion dollars and buy an airline.
Tomconroy
(7,611 posts)Markets in the spring of 2020. I was surprised to see that some of my funds recently were showing a year over year return of 45 percent. It was sort of a statistical oddity. Just one of those things you ride out if you are a long term investor.
Loki Liesmith
(4,602 posts)Blue Owl
(50,331 posts)theophilus
(3,750 posts)'nuff said.