As Donald Trump took the oath of office on Jan. 20, he was flanked by some of the world’s wealthiest people. The billionaires present that day — including Elon Musk, Jeff Bezos and Mark Zuckerberg — had never been richer, flush with big gains from frothy stock markets.
Yeah. It’s a little bit of a misleading article, to be honest. They didn’t “lose” anything. Conditions changed for them, and they’re planning to clean up on a bunch of undervalued assets once this entire bullshit is winding down (whenever that happens), and they’ll wind up hugely ahead of where they started out.
There are other possibilities of course, but all of the other possibilities that I think are realistic involve complete collapse. Which they will, almost certainly, be positioned to survive much better than the average peasant will.
I wish this would only damage the billionaires.
Yeah. It’s a little bit of a misleading article, to be honest. They didn’t “lose” anything. Conditions changed for them, and they’re planning to clean up on a bunch of undervalued assets once this entire bullshit is winding down (whenever that happens), and they’ll wind up hugely ahead of where they started out.
There are other possibilities of course, but all of the other possibilities that I think are realistic involve complete collapse. Which they will, almost certainly, be positioned to survive much better than the average peasant will.
Sadly you are most likely correct. I’m not sure what to do because it doesn’t feel like voting and volunteering are working.