Jul.02 — Ray Dalio, the billionaire founder of investment management firm Bridgewater Associates, says ultra-loose monetary policy, the growing wealth gap, and the rise of a super power to challenge the U.S. are the three major forces on the global economy and financial system. He made the comments in a conversation with Bloomberg’s Erik Schatzker during the Bloomberg Global…
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International Inequality of the Pandemic – Panel Discussion Online panel discussion, recorded in Erfurt 06/16/2021. With Prof. Dr. Barbara Fritz and Prof. Dr. Achim Kemmerling. Organised by the University Club “Impuls. Plurale Ökonomik Erfurt”. The covid pandemic has led us to an economic upheaval. With that, questions about the international inequality and financial stability have been growing. How can…
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There are a record-smashing 2,755 billionaires in the world, according to Forbes’ 2021 World’s Billionaires list. How did they make their mega-fortunes? By doing everything from starting hedge funds and tech companies to breeding pigs and brewing kombucha. But certain industries offer a more common route to riches than others. The most likely way to make a billion-dollar fortune: go into finance…
The new bombshell report from ProPublica may not have come as much of a surprise, but it should at least spark some serious conversations about the state of inequality and corporate power in America. When money buys policies, and polices benefit those with money, what can be done to solve the problem? How Billionaires Pay Less In Taxes Than…
