The world’s 500 richest people suffered the biggest two-day loss ever on the Bloomberg Billionaires Index as fallout from President Donald Trump’s tariff announcement decimated markets across the globe.
That money they are supposedly “losing” isn’t “gained” by anyone else.
They are poised to watch an imaginary line go down for awhile. They’ll pour real money into the line while it’s down, and let more pour out after the line goes up.
No they aren’t.
That money they are supposedly “losing” isn’t “gained” by anyone else.
They are poised to watch an imaginary line go down for awhile. They’ll pour real money into the line while it’s down, and let more pour out after the line goes up.