Sunday, September 7, 2025

Scapegoating Billionaires? Just how brainwashed is mainstream U.S. corporate media propaganda

 U.S. trends

  • More billionaires: The number of U.S. billionaires rose from 614 in March 2020 to 737 by March 2024.
  • Explosion in wealth: Their combined net worth increased by 88% over the same four-year period, jumping from nearly $3 trillion to more than $5.5 trillion.
  • In early 2020, there were 2,095 billionaires globally. By April 2025, that number had grown to a record 3,028, according to Forbes.
  • Surge in wealth: The combined net worth of billionaires worldwide also soared, reaching $16.1 trillion by April 2025. The charitable organization Oxfam reported in May 2022 that total billionaire wealth had risen by $3.78 trillion since 2020.
  • Pandemic profits: The growth was especially stark during the first two years of the pandemic, fueled by rising stock markets and government stimulus measures that drove up asset prices. This occurred while many working families struggled with inflation and job losses. 
  • Ironically AI tells us the above when 7 AI tech companies now dominate some 35% of Wall Street price speculation! 

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