Summary
Oxfam’s 2024 inequality report revealed a record $2 trillion increase in billionaire wealth, reaching $15 trillion, while global poverty rates remain stagnant.
The top 1% own 45% of all wealth, and 44% of people live on less than $6.85 daily.
Oxfam predicts five trillionaires within a decade, citing inheritance and cronyism as key wealth drivers. Elon Musk may become the first trillionaire by 2027.
Oxfam calls for tax reform, monopoly regulation, and income redistribution to address inequality.
Critics warn unchecked wealth concentration threatens democracy and economic fairness.
The nice thing with having a list of billionaires - and trillionaires - is that you have a list to go through when the day of reckoning comes, after the American Reich falls.
So like in 100 years? Well I guess that will be nice.
We should be so lucky, we’ll be dead by then. Because it’s going to need to get a lot worse before things change. It won’t be pleasant.
We still have a lot of steps to go. Heck, we haven’t even had civil unrest, let alone civil disobedience. At this rate Civil War II will happen via social network. I guess that lowers the casualties?
Tomorrow will be that round-up in Chicago. That should be very telling.
But it can’t happen on social network.
It can if we just use emoji.
🖕🇺🇸🔥✝️👎🔫🤑😵🏴☠️
Don’t despair. The last Reich lasted 12 years, and then (most of) the guilty had some explaining to do, and a lot of them ended up with an acute case of lead poisoning or at the end of a rope.
12 years is long. But if you’re younger than I am, you’ll live to tell your grandchildren.
I plan to die in the water wars, not the civil war.
HYDRATION!!! 🔫💪
That’s the thing about history. I think if you were standing in Imperial Russia in the early 1900s (or France in the late 1780s/early 1790s), you would have never guessed what was coming, even with the chain of catastrophes that seemed to continuously arise from Nicolas being an self-assured idiot.
That’s also the thing about history, there’s always some dead person to blame everything on while doing absolutely nothing now to stop it