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World's Richest Added $1.8T to Their Combined Wealth in 2020:

According to the Bloomberg Billionaires Index, the world’s 500 richest people added approximately $1.8 trillion to their combined wealth in 2020. This 31 percent increase, which occurred amid the economic crisis spurred by the coronavirus pandemic, is the largest annual gain in the index’s history.

So, what’s the big deal? I mean, I got nothing to complain about. Hell, my net worth has just increased by 600 bucks. Life’s good! Why, here in LA, that $600 almost covers 1/3 of someone’s average monthly rent. That’s not a bad chunk of change, once you forget about eating and utilities.

Besides, if you don’t feel satisfied with that $600 kiss me, then you can always get your big ass up off the couch, put on your face mask, and do what a lot of other people are doing these days - rob a convenience store.

Man, it really gets to me when I hear folks complain that wealthy people don’t deserve that extra $1.8 trillion. Oh really? Well, you wanna know why wealthy folks got all that extra cash this year? Because they worked 1.8 trillion times harder than the rest of us did. That’s why!

And now, you hear folks demanding that corporations need to pay their fair share of taxes. Well, for crying out loud! Don’t these numbskulls realize, that every time there's a corporate tax increase - it means that somewhere, a CEO is going without a meal? Kind of makes you wonder, just where the hell is the compassion these days?

[johnnyrobish.medium.com]

johnnyrobish 8 Jan 3
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5 comments

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1

When the shit really hits the fan all that money will be worthless, but they will have a lot of nothing. An gold, what is one going to be able to do with that? If the economy really fails what would you rather have if you are starving, gold or a loaf of bread?

3

My compassion for the obscenely rich reaches just far enough to want them on a guillotine.

1

They need to hoard as much capital as possible - climate change and computer mechanization will tax the Earth and the jobless population soon enough. They need to protect themselves and their heirs.

3

You may think for a moment, just a moment, that your priorities may be a little skewed, when looking at that lunch you realise that you believe yourself to NEED a gold plated tea set.

3

Yeah turnabout

bobwjr Level 10 Jan 3, 2021
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