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The past 12 years have been extremely good for the ultra-rich. The fortunes of billionaires -- a group comprising the 2,640 wealthiest people on the planet, most of whom are men -- has more than doubled. The wealth gap between the top 0.01 percent and the bottom half of the world’s population has increased by 50 percent since the 2008 global financial crisis. The aftermath of COVID-19 and the war in Ukraine hav...
For a diverting and entertaining couple of hours I can heartily recommend the film Dumb Money. It tells the real life story of how day traders came together on Reddit forums during the pandemic, turned GameStop (among others) into a “memestock”, and took on hedge funds at their own game. The script is witty, the cast is great.
Bringing Taiwan to the World and the World to Taiwan
WASHINGTON, DC — The past 12 years have been extremely good for the ultra-rich. The fortunes of billionaires, a group comprising the 2,640 wealthiest people on the planet, most of whom are men, has more than doubled. The wealth gap between the top 0.01 per cent and the bottom half of the world’s population has increased by 50 per cent since the 2008 global financial crisis.
The S&P 500 topped 5,000 on Feb. 9, 2024, for the first time. The Dow Jones Industrial Average will probably hit a new big round number soon too.