Expectations were that billionaires would be the big winners in a Trump America 2.0. Instead, their fortunes have plummeted in the first eight weeks. Here are the biggest losers.
They lost 0. Zero. No factories were burned down, no warehouses were exploded. Those stock market numbers you’re screaming about aren’t resources. More like a “sometimes applicable coefficient” to money.
They lost 0. Zero. No factories were burned down, no warehouses were exploded. Those stock market numbers you’re screaming about aren’t resources. More like a “sometimes applicable coefficient” to money.
It hasn’t reduced their ability to extract wealth from the existing economy, but it’s reduced their potential rate of future expansion.