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.
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!!! 🔫💪