You’re correct that no squeeze is required, which is why them doing it is that much more bastardly.
Comment on Wealth of Global 1% Has Skyrocketed by Over $33 Trillion Since 2015: Report
Opinionhaver@feddit.uk 14 hours agoIt’s compounding interest. The more money you have invested in the stock market, the easier it becomes to make even more. No “squeeze” is required - just sit back while your money works for you. You don’t even need to be in the global top 1% to take advantage of this. Even I passively earn the equivalent of a few months’ salary each year just by investing my savings - and I’m by no means rich; I do manual labor.
Linktank@lemmy.today 14 hours ago
Opinionhaver@feddit.uk 12 hours ago
I’d say it’s pretty pointless to blame individuals for taking advantage of a broken system. It’s probably more productive to focus on criticizing and changing the system itself.
FlyingCircus@lemmy.world 4 hours ago
Well, guess who is stopping us from changing the system?
Opinionhaver@feddit.uk 3 hours ago
The ones stopping us from making a change are the same people who are completely unaffected by others just complaining about them online. The ones most affected by hatred and anger are the hateful and angry people themselves - and the people around them.
Linktank@lemmy.today 9 hours ago
Sure seems weird to take a stance that is protecting people who are actively harming you in great and measurable ways, but hey, you do you.
Opinionhaver@feddit.uk 9 hours ago
I don’t get any pleasure from hating on people. I prefer to look for solutions rather than ones to blame but hey, you do you.
chicken@lemmy.dbzer0.com 9 hours ago
It’s more that the squeeze is done on your behalf, than that it is not required