As Donald Trump took the oath of office on Jan. 20, he was flanked by some of the world’s wealthiest people. The billionaires present that day — including Elon Musk, Jeff Bezos and Mark Zuckerberg — had never been richer, flush with big gains from frothy stock markets.
It’s always a nice headline to read at first and then you remember the real gut feeling is only felt when the losses are paired with a working class salary.
When you go from 400b to 200b, it literally changes nothing about your life like losing 15k when you have 30.
Losing half of 400 billion is absolutely NOT the same as losing half of 30k. One changes nothing you can still buy anything on Earth. One is the difference between getting a new car and getting one used.
It’s always a nice headline to read at first and then you remember the real gut feeling is only felt when the losses are paired with a working class salary.
When you go from 400b to 200b, it literally changes nothing about your life like losing 15k when you have 30.
Losing half of 400 billion is absolutely NOT the same as losing half of 30k. One changes nothing you can still buy anything on Earth. One is the difference between getting a new car and getting one used.