Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.
  • ObjectivityIncarnate@lemmy.worldEnglish
    2·
    2 months ago

    Even if you ignore ethics and assume the billionaires are benevolent - it’s just a bad investment to invest majority of resources to a small number of investments. Does any successful large project hold 99% of their investments in few projects? It’s absurd.

    Small number of investments? Billionaires have shitloads of investments, what are you talking about?