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Ultra-rich usually do not receive high wages, but they pocketed around 20T(my estimation) in last 5 years through leveraged trades on inflated stocks/private eq
by riku_iki 4y ago
Ultra-rich usually do not receive high wages, but they pocketed around 20T(my estimation) in last 5 years through leveraged trades on inflated stocks/private equities and real estate enjoying near zero loans rates.
Now they own very large chunk of American businesses and land/real estate, no need to work for wages.