Inequality is growing

Post by **Scot Dutchy** » Mon Jan 22, 2018 10:22 am

Inequality gap: Growing gulf between rich and poor leaves 42 people with same wealth as world's 3.7bn worst off

Billionaire wealth rose by an average of 13 per cent each year between 2006 and 2015 - six times faster than wages of average workers

As of Friday, Amazon boss Jeff Bezos topped Bloomberg’s billionaire ranking with an estimated total net worth of $109bn, followed by Microsoft co-founder Bill Gates and veteran financier Warren Buffett at $94bn and $91.7bn respectively.

Just disgusting.

Post by **pErvinalia** » Mon Jan 22, 2018 10:44 am

Yep. Just saw a stat saying that the top 1% collected 80% or so of the wealth generated last year.

Post by **Scot Dutchy** » Mon Jan 22, 2018 10:55 am

What do they do with it is the problem. Brexit was financed by these rich gits in order to gain more power and hoping to destroy the EU. Just what are the Koch's, Waltons, Gait's and those gits who own Amazon, Google and all the other leaches of society doing with their money?

Post by **pErvinalia** » Mon Jan 22, 2018 11:01 am

Metaphorically wallow in it.

Post by **Hermit** » Mon Jan 22, 2018 1:38 pm

Naw. It's worse than that. Money is power. Power over others.

Post by **Scot Dutchy** » Mon Jan 22, 2018 1:45 pm

Hermit wrote:

Naw. It's worse than that. Money is power. Power over others.

Well that is exactly what I think. They are acquiring power.

Post by **pErvinalia** » Tue Jan 23, 2018 12:07 am

Post by **cronus** » Tue Jan 23, 2018 4:55 am

If you can print imaginary money and own the printing presses to do it. Rather predictable.

Post by **laklak** » Tue Jan 23, 2018 5:07 am

It's all been downhill since we went off the gold standard. Fucking fiat currency, gonna be the death of us all.

Post by **Strontium Dog** » Tue Jan 23, 2018 5:32 pm

"Billionaires getting richer devalues my wealth" is not a million miles from "gays getting married devalues my marriage" as an intellectual position.

Post by **laklak** » Tue Jan 23, 2018 6:56 pm

Maybe it's increasing but not fast enough for me. I need more of that inequality because I need a bigger boat.

Post by **pErvinalia** » Tue Jan 23, 2018 11:20 pm

Strontium Dog wrote:"Billionaires getting richer devalues my wealth" is not a million miles from "gays getting married devalues my marriage" as an intellectual position.

Where did you get "Billionaires getting richer devalues my wealth"?

Post by **Strontium Dog** » Wed Jan 24, 2018 3:05 am

pErvinalia wrote:
Strontium Dog wrote:"Billionaires getting richer devalues my wealth" is not a million miles from "gays getting married devalues my marriage" as an intellectual position.
Where did you get "Billionaires getting richer devalues my wealth"?

From the fact that people are moaning about increasing inequality.

Post by **pErvinalia** » Wed Jan 24, 2018 3:08 am

Ah OK, so it's a straw man you erected instead of having to actually understand the issue in depth.

Post by **Brian Peacock** » Wed Jan 24, 2018 11:08 am

laklak wrote:It's all been downhill since we went off the gold standard. Fucking fiat currency, gonna be the death of us all.

Fuck, it's all been down hill since gold replaced goats and cabbages.

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