PebHmong Discussion Forum

General Category => General Discussion => Topic started by: theking on January 15, 2024, 11:41:05 PM

Title: 5 people became 114% richer as 5 billion people became poorer
Post by: theking on January 15, 2024, 11:41:05 PM

The wealth of the world’s five richest men more than doubled since 2020

Since 2020, these billionaires’ net worth has skyrocketed 114% to a total of $869 billion, after taking inflation into account, according to Oxfam’s annual inequality report, released Sunday. If current trends continue, the world could see its first trillionaire in a decade.

At the same time, nearly 5 billion people globally have become poorer, as they contend with inflation, war and the climate crisis. It would take nearly 230 years to eliminate poverty based on the current trajectory

(https://media.cnn.com/api/v1/images/stellar/prod/240112095932-bezos-buffett-arnault-ellison-musk-split.jpg?c=16x9&q=h_653,w_1160,c_fill/f_webp)

Title: Re: 5 people became 114% richer as 5 billion people became poorer
Post by: Hung_Low on January 16, 2024, 09:37:56 AM

Wait... Climate change make people poorer?
Last I heard, Climate change was racist...