Since 2020, the 5 richest men have doubled fortunes, 5 Billion people got poorer

@Ynotisay John Steinbeck once said that socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.

@DailyFlash Never heard that line. An interesting take. And I think for some that's absolutely true. They protect the richest under the VERY mistaken idea that it might be them some day.

@justanothername I stopped after "communist" dude. That's all I needed to see. I'm done.

@Ynotisay I'm puzzled why anyone thinks a billionaire deserves to pay less income tax than they do. And that the rules don't apply to them because they're mega rich.

@DailyFlash Yep. It's completely nonsensical to me. Although there is a dynamic where people think that it could be them who's rich like that at some point. As usual, fantasy and belief drives people away from the truth. They fight for the right to be harmed. Makes no sense.

@zonavar68 actually it's in the same family of virus that cause the common cold.

@easterniowegin I'm not scared, but I can read.

Re-read that headline--it doesn't say what you claimed. And the CDC statement doesn't say what you claim, either.

@SomeMichGuy
You work so hard to uphold the narrative and to be "correct" that you fail to understand the real outcome.

The virus is still the virus...how they treat it or categorize it is what has changed. But many of us treated it that way the entire time, because the fear that was ginned up was unnecessary.

@fddlpej You are not wrong. But there are other factors making the issue more complex..The rich can take advantage of the plentiful money to garner real welath and remove it from the game for themselves..😷

@fddlpej The global elite don't pay taxes

@zonavar68 that's the true problem

@zonavar68 I agree with you regarding the outcomes. We disagree only about the amount of organisational planning. I see this as an expression of Darwinism, where enough of those to conform to the Rich model succeed and enough tof those who conform to the non rich model fail to tip the population balance over time. But there will come a second tipping point where there wont be enough Consumers left to support the consumer model..😷

@whowasthatmaskedman At some point the 'tapping' of wealth to the elite will slow down to the point that the model will fall over, but this might be why the elite is ultra-keen to see CBDC's implemented since then 'trickle up' economics in the form of fees/charges gets cemented into financial systems instead of being an adjunct that it is now.

@zonavar68 Exactly. Once the squeeze really hits the first part of the bottom line to get pressure from the market is the commissions and charges. I once went as a speaker to a local Kiwanis group on the principles of financial advice for retirement. A commone practice at the time was thr Trailing Commision , which flowed to the sales rep for the life of the policy, even if it went another thirty years. After I spoke, two of the older guys wanted to lyncj me. It turns out they had sold the members all retirement fund plans tracking the index, and cutting fees off the top. A common con I described in detail. Those commissions are less common now. And we have a thing called the Industry Super Fund which has no sale reps and therefore much lower fees..😷

@thenormalkindofcrazy Good points about capitalism but I think it's a bit of false equivalency when it comes to the parties. The facts show Democrats seeking to raise to taxes on the wealthy. And that's a new thing.

Like social security and Medicare?

@DailyFlash no, since you pay into it. It isn't a freebie. Fundamentally there should be a better system that the government isn't involved with it at all.

@MasterLee I find it amazing that so many people have faith in private enterprises after the track record of huge corporations buying everything good and then proceeding to make it worse over time.

@gol979 Accelerated wealth concentration was one of the key aims of the Covid plandemic, alongside human population genocide and trying out experimental drugs (the 'trial' is ongoing).

@MarmeeMarch worldwide

@zonavar68 It's been going on for a while. Didn't start in 2020. But they absolutely did increase wealth during the pandemic. Bought up a lot of property and stock. A true example of the rich getting richer.

@DailyFlash no they don’t have to

@MoonaNorth86 that's the problem.

@DailyFlash they pay enough to sponsorship to charities to anything that they can do to help others