Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.
  • Worx@lemmynsfw.comEnglish
    4·
    2 days ago

    I think they are saying that we, as a society, are investing into a small number of investments: billionaires. This is a bad tactic.

    • Dr. Moose@lemmy.worldEnglish
      4·
      1 day ago

      Exactly what I meant - each billionaire is our collective investment. We invest 99% of our wealth into a few billionaire projects which might trickle down to other smaller projects but trickle down is mostly a myth we can’t accurately represent and control with our current tooling.