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And those 500 companies combined make significantly less than $1T of profit per year, so the example you used to try to minimize the magnitude of the problem ac
by fallingknife 3y ago
And those 500 companies combined make significantly less than $1T of profit per year, so the example you used to try to minimize the magnitude of the problem actually does the opposite.
- ta1243 3y agoTheir value increased $6T in 12 months. If their shareholders want to keep that insane value, then they can pay their way. Or the US could collapse and the world enter a 100 year China led world. Those shareholders can lose say 90% of their value, costing them $35T. Upto them really, it's not like anyone else has a say