Posted on 09/18/2022 7:24:29 AM PDT by FarCenter
(Excerpt) Read more at visualcapitalist.com ...
—> The world’s billionaires—only 3,311 individuals—represent almost $11.8 trillion in wealth.
Biden could go through that collective wealth in 2-3 years
I don’t see Israel on the list.
https://en.m.wikipedia.org/wiki/List_of_Israelis_by_net_worth#2022_list
The total wealth of American billionaires would finance the US federal budget for maybe one year.
I was born American and during a golden age. I have never spent a night cold (other than camping) or hungry. I am happy. I consider myself wealthy beyond measure.
A little help needed.
https://freerepublic.com/focus/f-news/4094221/posts#comment
There is the short list of the illuminati.
James 3:16
For where you have envy and selfish ambition, there you find disorder and every evil practice.
This is great, more billionaires than ever. I want to live in a world with a lot of billionaires, and I’m lucky to live in the country with the most. I remember when there was only one, J. Paul Getty.
I’m not jealous of them, I want to emulate high achievers and learn from them.
Freedom and the Free Market Economy makes people and nations wealthy. “The Wealth of Nations”.
Government coercion and tyranny makes people and nations poor and impoverished.
There’s a “rest of Middle East” category on one of the charts. But many of the Israeli super-rich are likely counted among their dual-citizenship nations’ billionaires.
China has morphed into fascism. The government allows "capitalism" but they control the capitalists.
Huge amounts of Chinese capital was given by the US government, or allowed to be stolen from US citizens and corporations.
Wonder how many vote Dem ?
$11.8 trillion?
Wouldn’t make much of a dent in our tragic national debt.
Amen “I was born American and during a golden age. I have never spent a night cold (other than camping) or hungry. I am happy. I consider myself wealthy beyond measure.”
My wife and I were born at the tail end of America’s Depression and countless wars and recessions.
If we missed a meal, it was our decision .
If we were cold, it was our decision.
We and our siblings worked until we decided to retire from ages of 62 to 72.
Every grandchild/nephew/niece got a real degree or a skill to make a living. They had good jobs/trades when they finished their last level of education. The youngest one will be graduated next spring, and he has an excellent job offer with the company, he was worked for part time in the last 4 years of his college years.
Our parents and other relatives had similar accomplishments!
Thank you Lord!
Hey Grampa, congratulation on your parental/grand parental activities, that’s where most success and happiness in life is generated for the young, through good parenting, which is mostly the setting of good examples and the advocacy of good judgement and courage to take life on by the horns.
A rich life often includes money but it’s just one piece of a great life. Richness of life includes many things besides money as well, relationships, helpfulness, mercy, example, to name a few.
This would suggest that no one would be able to amass a billion dollars in a truly free market, because before they did so, someone else would come in and topple their apple cart.
And yet we see that there are thousands of billionaires.
Interesting.
Well that should keep the new armed IRS folks busy then....😂👍
>>I remember when there was only one, J. Paul Getty.
A billion in ‘75 corresponds to about 7.5 billion today due to inflation.
During periods of relative peace and prosperity, the rich get richer. This continues until some global conflagration once again evens things out.
“Supposedly capitalism is tough. Supposedly if someone gets an edge in a market, that edge is quickly eliminated by competition.”
Who told you that?
It’s all wrong.
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