I'm on the fence about shit like this. I lean more towards the capitalistic view but would it really hurt to raise taxes on someone making that much money?
It's really manipulation in the market really. People losing jobs but the Amazon and Tesla stocks has skyrocketed. Nas100 has hit all time highs and continues to climb.The fact that in 2020 we have someone that might quickly become a trillionaire is a red flag. And a bigger red flag is people thinking that nothing is wrong with this scenario.
Really exposes the truth that the health of the stock market, doesnt really always have shit to do with the health of the economy.It's really manipulation in the market really. People losing jobs but the Amazon and Tesla stocks has skyrocketed. Nas100 has hit all time highs and continues to climb.
How can a company increase wealth when people don't have money too spend and they need a stimulus check
They're not the first to do this. Alibaba ventors do this lol. It's a dog eat dog worldAmazon reportedly invested in startups and gained proprietary information before launching competitors, often crushing the smaller companies in the process
Dozens of investors and entrepreneurs told The Wall Street Journal that Amazon made products that directly competed with them after investing.www.businessinsider.com