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Let's all celebrate!

Posted: Tue Jul 04, 2023 6:33 pm
by Admin
Rich people are getting richer, faster. Yay!

https://www.stuff.co.nz/business/money/ ... lf-of-2023

A trillion US dollars.

Just six months of their profits would solve world hunger several times over.

Ho hum.

Re: Let's all celebrate!

Posted: Tue Jul 04, 2023 11:58 pm
by arthwollipot
Except they can't use it for that because it's all tied up in assets and in majority shares in successful companies. They could sell off their shares to liquidate that virtual wealth, but can you really see Elon giving up his controlling interest over SpaceX and Tesla?

Re: Let's all celebrate!

Posted: Wed Jul 05, 2023 10:12 am
by Admin
Like hell he would. The only charity Musk is interested in is one that benefits Elon Musk.