grte@lemmy.ca to Canada@lemmy.ca · 8 months agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square124fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte@lemmy.ca to Canada@lemmy.ca · 8 months agomessage-square124fedilink
minus-squaremaxprime@lemmy.mllinkfedilinkarrow-up0·8 months agoThe problem is that’s basically what billionaires do, though. They take out loans with their shares as collateral. So on paper they have huge debt, but it’s minuscule compared to their wealth.
The problem is that’s basically what billionaires do, though. They take out loans with their shares as collateral. So on paper they have huge debt, but it’s minuscule compared to their wealth.