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If we assume the wealthy own the stock market, it’s $52 trillion - enough to pay off the debt and leave $16 trillion left over - which would cover about ten yea
by bombcar 1y ago
If we assume the wealthy own the stock market, it’s $52 trillion - enough to pay off the debt and leave $16 trillion left over - which would cover about ten years (assuming the debt service has been removed by the payoff).
Whether nationalizing the entire US market would be worth it is left to the reader.