Michael and Susan Dell donate $6.25 billion to encourage families to claim 'Trump Accounts'

https://apnews.com/article/michael-dell-susan-trump-accounts-stock-market-poverty-inequality-7e2615d50a3fc0563109ed0eeb4c41e1

Or they could just give the money to non profits that are already helping kids but that wouldn't curry favor with their master.

11 points · 2 comments · view on lemmy.world

2 Comments

TropicalDingdong@lemmy.world · 5 pts · 281d

givesomefucks@lemmy.world · 4 pts · 281d

People having to rely on investments to retire means everyone keeps paying into it...

I saw an article the other day about a possible crash coming when boomers finally die and their 401ks get liquidated.

It going to cause the people who own the vast majority of stocks a sizable amount of money. And them wanting people to invest young just means they want them to keep pumping money into the stock market, it's the only way for numbers to keep going up. If people stop buying it, prices go down.