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Dec 9

Americans’ wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and homes values lost value. At the same time, corporations raised their cash stockpiles to record levels.

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People lose cash, business finds it - Winnipeg Free Press

Sounds like redistribution of the wealth — from the poor to the rich.

Posted 1 year ago

53 notes

capitalism, corporations, socialism, wealth, redistribution,