Ron Lowe: Massive economic inequality
Twenty six billionaires have the same combined net worth as the poorest 3.8 billion people on the planet. That’s inequality.
Or, 25 families control almost $1.4 trillion in wealth. The world’s wealthiest family, the Waltons of Walmart, have grown their fortune by $39 billion to $191 billion since June 2018 — an increase of $4 million every hour. Just numbers right?
Except that the Great Depression was caused by massive inequality like this.
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