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Guntrigger @feddit.ch
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Comments 551
The wealth of the 1% just hit a record $44 trillion
  • According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or “wealth,” as “the value of financial assets plus real assets (principally housing) owned by households, minus their debts.” Source

    So, yeah, but only if you've been saving your entire wage and paying no tax for the past 15 years.

  • Reddit shares plunge almost 25% in two days, finish the week below first day close
  • Fair enough, you didn't say you condone it. But your comment does read with much more support than I would offer. And asking me which charities I'd donate to... ha! I don't see why that's relevant. Maybe I would do the same, but I don't already have an $800,000/yr base salary.

    More relevant: this windfall would be 250yrs income for me. And on that income I already do donate to charity (albeit probably about 2% of my earnings). If this chump followed my percentage they would be donating 6 whole years worth of my salary on this windfall (plus 1/3 of my salary per year).

    The point is "treating yoself" to $12mil after tax is absolutely obscene whatever way you look at it. Not to mention still sitting on 3x more than that.

  • Reddit shares plunge almost 25% in two days, finish the week below first day close
  • Share prices don't only fall if the company liquidated stock. They will also fall from something like a mass sell-off because lower and lower prices will be commanded to sell large volumes of stock.

    You know, like the one in the article that talks about the 25% drop in share value.

  • Cities: Skylines 2's first post-launch DLC, Beach Properties, is out now and players aren't happy: 'This is a disgrace'
  • I understand the energy in these replies, but do you guys seriously think artists are packaging their work as a DLC and integrating it into the main game? There is still a lot of work that goes into any DLC or major integration that has to be done by the same people that fix bugs.

  • Twitch bans turning butts and boobs into green screens
  • You know what there's too much of on the Internet these days? Squares that don't understand sarcasm and tone.

    I also blame Twitch. Before there were boobies in the way of my gaming streams, people had to read into the covered up boobies all over the Internet. Now there's just boobies on display everywhere and you don't have to think about anything.