Article

2019-09-04 Economy

The World's Wealthiest Family Gets $4 Million Richer Every Hour

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Posted by Besoeker 2019-09-04 02:18|| || Front Page|| [7 views ] Top

#1 Supporting liberal agendas no doubt. Phasing out ammo sales now.

Posted by Dale 2019-09-04 03:02|| 2019-09-04 03:02|| Front Page Top

#2 Watch it drop to 3% and falling by next year.

Posted by Dron66046 2019-09-04 04:10|| 2019-09-04 04:10|| Front Page Top

#3 Pfzzt. I meant $ 3 million.

Posted by Dron66046 2019-09-04 04:11|| 2019-09-04 04:11|| Front Page Top

#4 Supporting liberal agendas no doubt

Modern version of indulgences. Which btw, help lead to one of the nastiest episodes in Western Civilization till WWII.

Posted by Procopius2k 2019-09-04 05:23|| 2019-09-04 05:23|| Front Page Top

#5 Profiting from the inexpensive labor of Chinese imports. Call it modern retail or the changing of times if you will, but the huge box stores killed the small town hardware store, butcher shop, and grocer.

Selling soy beans to China is the backspin. But you must do it on a grand scale, a corporate scale.

Just for the record: Wiki - Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American businessman and .... He launched a determined effort to market American-made products. Included in the effort was a willingness to find American manufacturers who ...

Of course the "American-made" thing died with Sam.

Posted by Besoeker 2019-09-04 06:00|| 2019-09-04 06:00|| Front Page Top

#6 What again is the point exactly? That the author coasted through some 3rd rate college and oozed into the Bloomberg gig, while Sam Walton worked like a fiend to set up an now international commercial network?

Golly, could there be a more explicit example of inequality?

Posted by Cesare 2019-09-04 09:05|| 2019-09-04 09:05|| Front Page Top

#7 I suspect the Sears family did very well for a while too.

Ironically, biggest problem for the super wealthy is figuring out what to do with the money. Capitalism has generated so much wealth that the world is running out of things to buy.

Posted by Iblis 2019-09-04 10:52|| 2019-09-04 10:52|| Front Page Top

#8 Maybe the Walton family could buy Greenland.

Posted by Bobby 2019-09-04 11:09|| 2019-09-04 11:09|| Front Page Top

#9 People who talk about inequality tend to be low quality.

Posted by Bright Pebbles 2019-09-04 13:14|| 2019-09-04 13:14|| Front Page Top

#10 Wealthier than the House of Sa'ud?

Posted by magpie 2019-09-04 14:09|| 2019-09-04 14:09|| Front Page Top

#11 Hush, magpie. You can't criticize the Muslims! Besides, they inherited their money and never worked a day in their lives, as God meant it to be.

But in all seriousness, the only part about Walmart's fortune that is scummy is the part where they use what is essentially Chinese slave labor to produce goods more cheaply than people in free countries (or even better, here in the US) ever could.

Posted by Vernal Hatrick 2019-09-04 19:12|| 2019-09-04 19:12|| Front Page Top

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