oh no. Has anyone called Jeff? is he ok? Should be start a crowdfund?
this post was submitted on 11 Mar 2025
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He already has a crowdfunding, it's amazon
Poor them /s
not yet
True, bring back the golden age tax rates
And their quality of life has been completely unaffected, unfortunately.
That is a good thing!
Don't let them take it back
$200bn of ownership has NOT changed hands.
They've just had a property revaluation.
Could only wish that caused them as much pain as the average American, Canadian, Mexican, European is getting walloped with every day under Trump.
209 Billion seems like a lot but it's not in comparison to their overall wealth. Us poors need to stop celebrating their financial losses.
If you're linking to a paywalled site like bloomberg, could you please provide the text in the post, or link to a archive.org copy? All I know about this is the title and the first paragraph of the article. Frustrating.
You can search for the headline plus "msn" and almost always find it:
Some places don't like people to do that. I'm normally somewhat against it, since I do think it's important for journalists to get paid, but in this case:
- The MSN link actually does in some sense make sure that they get paid. I don't actually know all the details but I am assuming that this involves in some way money going from sketchy people who buy internet ads, to Microsoft, to the journalists' corporate overlords, eventually in theory to the journalists, so actually in some weird way it is fitting the requirement.
- It's Bloomberg, so who cares.
I wish this would only damage the billionaires.
Yeah. It’s a little bit of a misleading article, to be honest. They didn’t “lose” anything. Conditions changed for them, and they’re planning to clean up on a bunch of undervalued assets once this entire bullshit is winding down (whenever that happens), and they’ll wind up hugely ahead of where they started out.
There are other possibilities of course, but all of the other possibilities that I think are realistic involve complete collapse. Which they will, almost certainly, be positioned to survive much better than the average peasant will.
Sadly you are most likely correct. I'm not sure what to do because it doesn't feel like voting and volunteering are working.
Those MF are shorting the market right now making billions on the process. Once market hits rock bottom, the will buy back everything at the cheapest price and end up making even more on the way up. There's really no way to hurt them on that matter. As most people are saying, the only people being hurt from this is the working class.
After first having gained $300 billion? Y'all know that the stock pumping started two months earlier than Jan. 20?
Way to steal joy from me. But you're right to point this out.
Billionaires can afford to lose 209 billion because they can buy up the rest for cheap when we're all destitute.