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#richlist — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #richlist, aggregated by home.social.

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  1. In this century, over 40% of the world's wealth increase has gone to the top 1% and the bottom 50% of people's wealth has increased by 1%.

    In the UK 350 people have more combined wealth than the UK government spends on defence, education, social security and health.

    Yesterday's #RichList showed inequality is only getting worse. In 1989, the billionaire class owned 4p in every £1 in the British economy. Now, they own 22p in every £1.

    In the US the top 1% receive 20% of the whole of the US's GDP.

    This simple disparity is the main economic factor preventing the growth of our economies.

    taxjustice.uk

  2. #Trump #DonaldTrump #America #USA #Economy #StockMarket #Finance #Iran #USpol #Politics #Pensions #MiddleEast #maga #Republicans #RichList #Money #Pension #Millionaires #Billionaires #Sky #News While I lose thousands off my pension due to wars he simply couldn’t wait to start. Americans will undoubtedly end up paying a high price too. Well done Trump voters for electing a total idiot, helping to create total chaos, and for wrecking absolutely everything for everyone…

    news.sky.com/story/latest-worl

  3. #Australian #RichList shows growing concentration of wealth at the very top

    The holdings of the 10 wealthiest people in Australia increased by an average of 10 percent, to over $200 billion in total, during the past 12 months.

    wsws.org/en/articles/2023/05/3