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Cicada

(4,533 posts)
3. Start the calculation Feb 1 and the gain disappears
Tue Jun 30, 2020, 07:28 PM
Jun 2020

Stocks crashed, costing billionaires hundreds of billions. The statistic in this claim starts at the bottom of the stock market and mainly describes billionaires recovering previous losses. Some industries have benefitted, such as mail order sales, but overall I doubt billionaires are better off.

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