Queen lobbied for change in law to hide her private wealth theguardian.com/uk-news/2…
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πŸ“°︎ r/worldnews
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πŸ‘€︎ u/ninjaparsnip
πŸ“…︎ Feb 07
🚨︎ report
Wealthy, successful people from privileged backgrounds often misrepresent their origins as working-class in order to tell a β€˜rags to riches’ story resulting from hard work and perseverance, rather than social position and intergenerational wealth. journals.sagepub.com/doi/…
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πŸ“°︎ r/science
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πŸ‘€︎ u/sciposts
πŸ“…︎ Feb 01
🚨︎ report
Elizabeth Warren says the stock market has become a 'playground for the billionaires'. She's calling for a wealth tax to fix it. businessinsider.com/warre…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/mephisto2k2
πŸ“…︎ Jan 29
🚨︎ report
Workers deserve more of the wealth they create
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πŸ“°︎ r/MurderedByAOC
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πŸ‘€︎ u/lrlOurPresident
πŸ“…︎ Feb 13
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Wealth is not a sign of success, you can have a lot of it and still be a complete loser in life.

Simply because you have wealth doesn't mean you are a success as a person. You can have a hundred million in cash and still be a complete failure as a human being. For example a fork lift driver who supports his family, treats them with kidness and supports them is more successful to me than a CEO of a bank that earns fifteen million a year but cheats on his wife and beats his kids. Money comes and goes, but once you lose your integrity it's hard to get it back. Integrity is more valuable than money.

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πŸ“°︎ r/unpopularopinion
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πŸ‘€︎ u/Far_Bee_4613
πŸ“…︎ Feb 09
🚨︎ report
TIL Apple co-founder Steve Wozniak has disdain for money and large wealth accumulation. In 2017 he said he didn’t want to be near money, because it could corrupt your values. When Apple went public, Wozniak offered $10 million of his stock to early Apple employees, something Jobs refused to do. wikipedia.org/wiki/Steve_…
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πŸ“°︎ r/todayilearned
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πŸ‘€︎ u/TurbulentPianist2
πŸ“…︎ Jan 21
🚨︎ report
Warren To Join Senate Finance Committee, Immediately Introduce Wealth Tax Bill The progressive senator from Massachusetts wants to levy a two-cent tax on every dollar of individual wealth over $50 million. huffpost.com/entry/warren…
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πŸ‘€︎ u/4now5now6now
πŸ“…︎ Feb 03
🚨︎ report
Scottish Parliament to hold vote on Unexplained Wealth Order into Donald Ξ€rump's finances | MSPs will be asked to vote this week on whether the Scottish Government should pursue an Unexplained Wealth Order (UWO) to investigate the source of financing for Donald Ξ€rump’s Scottish resorts. scotsman.com/news/politic…
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πŸ“°︎ r/worldnews
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πŸ‘€︎ u/mepper
πŸ“…︎ Feb 01
🚨︎ report
Amid Warnings of Surging Worldwide Poverty, Planet's 500 Richest People Added $1.8 Trillion to Combined Wealth in 2020 | Surging billionaire wealth hits a painful nerve for the millions of people who have lost loved ones and experienced declines in their health, wealth, and livelihoods. commondreams.org/news/202…
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πŸ“°︎ r/worldnews
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πŸ‘€︎ u/itsbuzzpoint
πŸ“…︎ Jan 02
🚨︎ report
Canadians’ wealth is tied to their parents’ more than ever, StatCan finds globalnews.ca/news/763199…
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πŸ“°︎ r/canada
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πŸ‘€︎ u/CremationLily
πŸ“…︎ Feb 10
🚨︎ report
Alexei Navalny releases investigation into Vladimir Putin’s wealth theguardian.com/world/vid…
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πŸ“°︎ r/news
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πŸ‘€︎ u/Cartographerspeed
πŸ“…︎ Jan 22
🚨︎ report
Jeff Bezos would owe $2 billion a year in state taxes if Washington passes Wealth Tax cnbc.com/2021/02/08/jeff-…
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πŸ“°︎ r/Seattle
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πŸ‘€︎ u/Positivity2020
πŸ“…︎ Feb 08
🚨︎ report
Jeff Bezos and Elon Musk increased their wealth by $217 billion in 2020. For this amount, over 100 million Americans could get $2,000 checks. businessinsider.com/jeff-…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/somepointe
πŸ“…︎ Jan 02
🚨︎ report
British wealth by age group [OC]
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πŸ“°︎ r/dataisbeautiful
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πŸ‘€︎ u/rspeigal
πŸ“…︎ Jan 22
🚨︎ report
Looks like the transfer of wealth that was promised by Bitcoin already started here on Reddit. /r/wallstreet bets is currently robbing Wall Street institutional investors on GME stocks and squeezing all of their short positions. It is the biggest WS money heist in history and it ain't even over. wired.com/story/gamestop-…
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πŸ“°︎ r/CryptoCurrency
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πŸ‘€︎ u/Monster_Chief17
πŸ“…︎ Jan 25
🚨︎ report
Wealthy, successful people from privileged backgrounds often misrepresent their origins as working-class in order to tell a β€˜rags to riches’ story resulting from hard work and perseverance, rather than social position and intergenerational wealth. journals.sagepub.com/doi/…
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πŸ“°︎ r/philosophy
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πŸ‘€︎ u/LisaMck041
πŸ“…︎ Feb 02
🚨︎ report
The social class and wealth of your ancestors (even from as far back as 600 years ago) partly determine your current income. There is a "glass floor" that protects descendants of the upper class from falling down the economic ladder. restud.com/paper/intergen…
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πŸ“°︎ r/science
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πŸ‘€︎ u/A-Dumb-Ass
πŸ“…︎ Jan 09
🚨︎ report
Revealed: Queen lobbied for change in law to hide her private wealth theguardian.com/uk-news/2…
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πŸ“°︎ r/unitedkingdom
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πŸ‘€︎ u/Cap-nJazz
πŸ“…︎ Feb 07
🚨︎ report
Canadians’ wealth is tied to their parents’ more than ever, StatCan finds

https://globalnews.ca/news/7631994/canadian-income-gap-wage-inequality-statscan/

πŸ‘︎ 1k
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πŸ‘€︎ u/StarryNight321
πŸ“…︎ Feb 11
🚨︎ report
Norway Wealth Fund Dumps Oil Stocks Amid $10 Billion Loss finance.yahoo.com/news/no…
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πŸ“°︎ r/worldnews
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πŸ‘€︎ u/manhattanabe
πŸ“…︎ Feb 01
🚨︎ report
Distribution of Wealth
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πŸ“°︎ r/funny
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πŸ‘€︎ u/InkyRickshaw
πŸ“…︎ Jan 28
🚨︎ report
Jeff Bezos to pay $2 billion year in state taxes if Washington passes the proposed wealth tax mazech.com/2021/02/jeff-b…
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πŸ“°︎ r/JoeRogan
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πŸ‘€︎ u/Juliemylove
πŸ“…︎ Feb 11
🚨︎ report
Revealed: Queen lobbied for change in law to hide her private wealth theguardian.com/uk-news/2…
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πŸ“°︎ r/ukpolitics
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πŸ‘€︎ u/top_fan1
πŸ“…︎ Feb 07
🚨︎ report
When owning property creates more wealth than median income, Canada has a problem. thehabistat.com/post/when…
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πŸ“°︎ r/CanadaPolitics
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πŸ‘€︎ u/mrshawarma_
πŸ“…︎ Feb 06
🚨︎ report
Canadians’ wealth is tied to their parents’ more than ever, StatCan finds globalnews.ca/news/763199…
πŸ‘︎ 943
πŸ“°︎ r/CanadaPolitics
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πŸ‘€︎ u/sesoyez
πŸ“…︎ Feb 11
🚨︎ report
Queen Elizabeth II lobbied for change in law to hide her private wealth theguardian.com/uk-news/2…
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πŸ“°︎ r/anime_titties
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πŸ‘€︎ u/StratusGold
πŸ“…︎ Feb 07
🚨︎ report
Cursed_wealth
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πŸ“°︎ r/cursedcomments
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πŸ‘€︎ u/Toxicrew
πŸ“…︎ Dec 31 2020
🚨︎ report
Wealth inequality keeps getting worse.
πŸ‘︎ 6k
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πŸ‘€︎ u/Nick__________
πŸ“…︎ Feb 07
🚨︎ report
Toronto & Vancouver housing markets are now exclusive to households with either intergenerational wealth and/or high-paying jobs.

It still boggles my mind when I read something like this

P.S. -

Thank you everyone for your comments. I live in Calgary with my wife & we are homeowners. So this post is not another rant about missing the boat. In fact, it's the opposite. It's about equality & sustainability. How can a city like Toronto or Vancouver thrive long-term without a class divide or unrest if a family requires twice the median income to afford a condo or if the majority of income goes into paying rent? How can we be ok with that? How can a city like that still allow foreigners to buy investment properties? How can rich investors still be allowed to speculate in the housing market when many can't even afford a downpayment without substantial help?

πŸ‘︎ 679
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πŸ‘€︎ u/SaltPlains
πŸ“…︎ Feb 07
🚨︎ report
'Unseemly' $1.1 Trillion Billionaire Wealth Gain During Pandemic Could Fully Fund Biden Relief Plan for Working Class: Report commondreams.org/news/202…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/JoeThomas90
πŸ“…︎ Jan 26
🚨︎ report
WeedStocks Destroyer Of Wealth

Weed stocks historically have been destroyer of wealth. I am sick and tired of people saying weed stocks are a long term play, buy and hold in weed stocks especially the ones like SNDL will take your portfolio down to 99% in couple of months. Even CGC has been down more than 60 percent from it's top before the pandemic even began. If you cannot hold this stock and diamond hand's it for more than 6+ months then GTFO.

APHA holders who bought before pre legalization and never averaged down just went positive only for 1-2 days this week. They πŸ’ŽπŸ™Œ it for 3+ years.

For example take a look at this post. The Most Undervalue Company, this post is found in r/weedstocks when you sort it by top by all time. The user predicted a Stock Price to be 80+ in 2021 and current stock price is .017 cents. The post was created in when stock price was around $4.00 USD.

The only time people made money was during the runup of Canada Legalization. After Oct 2018 this was sell the news event and stocks started dropping. Since OCT 2018 - March 2020 Majority of the Favorite Weed Stocks had plummeted to 10-20 cents.

Lot's of discord and slack pump and dump group's are involved where the runup a stock and then drop the price. These people do the charts in youtube. If you are a normal investor who cannot spend the entire day day trading then you will loose your life savings.

Lets take a look at some popular weedstocks and how they are doing currently from 2018-2020.

M E D M E N it went from $6 to 10-20 cents in the above time frame.

I A N T H U F went from $6 to 10-30 cents in the above time frame.

CANTRUST_OR_CANT TRUST US basically did fraud, after a whistle blower complained about it the stock price went from $10 - 50 cents

charlotte web went from high $20 to $3.

Acreage Holding went from high $30 to $1.5 and bounced back.

I am not listing the absolute worst stocks from 2018/2019 time frame I am listing the ones that were very popular in r/weedstocks.

Even the ones with good earnings and management like TRUl, GTII, CRESCO, CURA and others went down to $2-$5 in march.

This is a highly speculative industry where the stocks are highly manipulated by day traders and others.

Weedstocks have destroyed more people lives in 3 years than WSB have destroyed in 8 years.

EDIT : For people complaining I have listed some of trashiest companies, please remember these we

... keep reading on reddit ➑

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πŸ“°︎ r/wallstreetbets
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πŸ‘€︎ u/yolo_howla
πŸ“…︎ Feb 12
🚨︎ report
β€œWealth does trickle down, you just have to make them bleed first.”
πŸ‘︎ 18k
πŸ“°︎ r/BrandNewSentence
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πŸ‘€︎ u/BAC0NxANDxEGGS
πŸ“…︎ Jan 29
🚨︎ report
When owning property creates more wealth than median income, Canada has a problem. thehabistat.com/post/when…
πŸ‘︎ 636
πŸ“°︎ r/CanadianInvestor
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πŸ‘€︎ u/mrshawarma_
πŸ“…︎ Feb 06
🚨︎ report
Canada's Richest 44 People Add $63.5B In Wealth As 20% Of Low-Income Jobs Vanish m.huffingtonpost.ca/entry…
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πŸ“°︎ r/canada
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πŸ‘€︎ u/tuiposa
πŸ“…︎ Feb 03
🚨︎ report
When owning property creates more wealth than median income, Canada has a problem.

We weren't exactly sure what to expect before we started doing this analysis. We had hoped to conclude that working 40+ hours per week has been fairly rewarding people in comparison to other more passive methods of wealth creation, such as property ownership. To do this, we compared home price appreciation to median after-tax income each year from 2005 to 2020. What we discovered was troubling, and not only for Toronto and Vancouver.

But let's start with the worst of the news:

From 2005 to 2020, someone owning a two storey home in Vancouver created approximately $600,000 more wealth than someone earning the median income during this time. This is an annual average of $40,000, which actually exceeds the 2020 median income in Vancouver. Just to "earn" as much as a two storey home owner, you needed to earn approximately $80,000 per year from 2005 to 2020.

Obviously most people cannot just buy a home instead of working, because they need the liquidity and cash-flow. But if we are not sufficiently incentivizing and rewarding people for their work, it is simply demoralizing. On an individual level - this is causing mental health problems and hopelessness. At a national level - this is causing brain drain and will hurt the economy and innovation. When we were growing up we were told "If you work hard, you will succeed". Well, too many Canadians are tired of working hard and not seeing the results.

https://www.thehabistat.com/post/when-owning-property-creates-more-wealth-than-median-income-canada-has-a-problem

πŸ‘︎ 380
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πŸ‘€︎ u/firefistfenix
πŸ“…︎ Feb 07
🚨︎ report
Average Household Wealth By Country
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πŸ“°︎ r/europe
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πŸ‘€︎ u/purpletree37
πŸ“…︎ Feb 10
🚨︎ report
I wonder who needs this massive amount of wealth
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πŸ‘€︎ u/bitchyswiftie
πŸ“…︎ Feb 11
🚨︎ report
A Wealth of Nations | Altera
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πŸ“°︎ r/imaginarymaps
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πŸ‘€︎ u/TelamonTabulicus
πŸ“…︎ Jan 22
🚨︎ report
Chilly Bernie: Redistributor of Wealth
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πŸ“°︎ r/Bossfight
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πŸ‘€︎ u/-thugnasty-
πŸ“…︎ Jan 21
🚨︎ report
One-off wealth tax might help fix COVID hit to UK budget: lawmaker reuters.com/article/uk-he…
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πŸ“°︎ r/ukpolitics
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πŸ‘€︎ u/Benjji22212
πŸ“…︎ Feb 15
🚨︎ report
What was the pinnacle of wealth to you as a child?
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πŸ“°︎ r/AskReddit
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πŸ“…︎ Feb 01
🚨︎ report
'How About a Counter-Argument Based on Fact?': Warren Destroys CNBC Host Over Two-Cent Wealth Tax Criticism commondreams.org/news/202…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/Danielle082
πŸ“…︎ Jan 29
🚨︎ report
I just can't understand why socialists would rather depend on someone more succesful than them instead of making their own wealth

Sounds like mommy issues

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πŸ“°︎ r/Capitalism
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πŸ‘€︎ u/javiermayo05
πŸ“…︎ Feb 14
🚨︎ report
Canadians’ wealth is tied to their parents’ more than ever, StatCan finds globalnews.ca/news/763199…
πŸ‘︎ 588
πŸ“°︎ r/onguardforthee
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πŸ‘€︎ u/CremationLily
πŸ“…︎ Feb 10
🚨︎ report
After Billionaires Gained $1 Trillion in Wealth, Says Sanders, It Is Not 'Radical' to Demand More Stimulus Checks | The American people cannot wait any longer. They need economic relief now. commondreams.org/news/202…
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πŸ“°︎ r/politics
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πŸ‘€︎ u/itsbuzzpoint
πŸ“…︎ Dec 19 2020
🚨︎ report
Washington state lawmakers target Bill Gates, Jeff Bezos, and other billionaires with wealth tax geekwire.com/2021/washing…
πŸ‘︎ 968
πŸ“°︎ r/SeattleWA
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πŸ‘€︎ u/OnlineMemeArmy
πŸ“…︎ Jan 28
🚨︎ report
The "welfare state" is a form of government which protects and promotes the economic and social wellbeing of its citizens, based on equal opportunity and an equitable distribution of wealth. Sociologist T.H. Marshall described it as "a distinctive combination of democracy, welfare, and capitalism". en.wikipedia.org/wiki/Wel…
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πŸ“°︎ r/wikipedia
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πŸ‘€︎ u/blue_strat
πŸ“…︎ Feb 15
🚨︎ report
TIL Alice Cooper once appeared on The Muppet Show, playing one of the Devil’s agents and offered the Muppets endless wealth and fame in exchange for their souls. yahoo.com/entertainment/m…
πŸ‘︎ 2k
πŸ“°︎ r/todayilearned
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πŸ‘€︎ u/redmambo_no6
πŸ“…︎ Feb 13
🚨︎ report
Workers deserve more of the wealth they create
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πŸ“°︎ r/OurPresident
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πŸ‘€︎ u/lrlOurPresident
πŸ“…︎ Feb 13
🚨︎ report

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