Sometimes the daily news about our billionaires just doesn’t make sense. Last year, for instance, ended with a torrent of news stories about how poorly the world’s billionaires fared in 2022. Bloomberg tagged the 12 months that had just gone past “a year to forget,” with almost $1.5 trillion “wiped from the fortunes of the richest 500 alone.” All global More
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This content originally appeared on CounterPunch.org and was authored by Sam Pizzigati.
