cross-posted from : https://lemmy.zip/post/57305272

Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.

Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee

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[–] 4 points 9 months ago* (1 child)

And it will only get worse. They are approaching Trillionaire status, and will be even more powerful. How long before multiple trillionaires form an alliance, and build their own personal military?

Doesn't Amazon or someshit literally already employ a PMC as their "loss protection" unit?

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