• UnderpantsWeevil@lemmy.worldEnglish
    11·
    1 month ago

    That’s 18 people who own about a tenth of the US GDP.

    Okay, sure. But that’s bad analysis. GDP is annual and net-worth is lifetime total. That’s also global wealth, not US-domestic (four of them aren’t even American).

    Agree with the sentiment, but we should really be talking about global wealth not national income.

    Something needs to be done

    https://en.wikipedia.org/wiki/What_Is_to_Be_Done

    • bitjunkie@lemmy.world
      2·
      1 month ago

      Well yeah it’s not apples to apples, I was just going for another massive dollar amount that was recognizable to give a sense of scale.