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47
New Pope criticsizes Elon Musk and wealth inequality. "We are in big trouble' (www.yahoo.com)
posted 267 days ago by SparkMandrill83 267 days ago by SparkMandrill83 +47 / -0
Pope Leo warns that the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire
The top 1% increased their wealth by nearly $34 trillion over the last decade—enough to eliminate annual poverty 22 times over.
www.yahoo.com
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– ernsithe 15 points 267 days ago +15 / -0

Billionaire wealth increased three times faster in 2024 than it did in 2023, according to Oxfam. And over the last decade, the top 1% increased their wealth by nearly $34 trillion

*clicks link*

This system still extracts wealth from the Global South to the superrich 1% in the Global North at a rate of US$30million an hour. This must be reversed. Reparations must be made to those who were brutally enslaved and colonised.

Ah, this seems like the sort of sane publication that we could trust statistics from. I'm sure it's using absolute numbers for no reason. Nothing to do with the fact that inflation alone in the last decade would have increased the value of held assets by 39%.

Remind me again what this Pope's position was on the greatest upward wealth transfer of recent history: the COVID scam?

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▲ 6 ▼
– Devidose 6 points 267 days ago +6 / -0

Billionaire wealth increased three times faster in 2024 than it did in 2023,

Which can literally mean a 3% increase in 2024 vs a 1% increase in 2023.

Stats are used for ragebait like this all the time.

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