Also the bit that everyone’s leaving out, since election day, all these guys had huge boosts to their stocks. All the current losses basically corrected whatever gains they got since November.
Exactly. You could reduce their wealth by a factor of 1000, and they would still have more than 90% of people. They will never be genuinely hurt by losses. Not like 99% of people would be.
The chart shouldn’t make anyone happy. The true horror of it should be realized; in reality it’s an accounting of how much they’re “spending” money to make money. They will continue to make more. The scales here are unfathomable to most people.
It’s borderline misinformation to not include their total wealth for context.
Also the bit that everyone’s leaving out, since election day, all these guys had huge boosts to their stocks. All the current losses basically corrected whatever gains they got since November.
Basically, they aren’t hurting yet.
Exactly. You could reduce their wealth by a factor of 1000, and they would still have more than 90% of people. They will never be genuinely hurt by losses. Not like 99% of people would be.
The chart shouldn’t make anyone happy. The true horror of it should be realized; in reality it’s an accounting of how much they’re “spending” money to make money. They will continue to make more. The scales here are unfathomable to most people.
It’s borderline misinformation to not include their total wealth for context.
It is misinformation. It was probably designed to make us think we’ve won and to relax our gaurd