News for hackers. Stuff that matters.
Re:Amazon confirms 14,000 job losses in corporate division by kristov on Tuesday October 28, 2025 @09:06AM (#45732356)
If your a billionaire and you invest in index funds, the risk of becoming homeless is really low, sure. The system works in such a way that the more money you have the easier it is to make more money. So if your stuck at the bottom, your really stuck.

And I believe there is a huge shift of wealth going on, to a very small number of insanely rich people. And that is a very big problem.

Re:Amazon confirms 14,000 job losses in corporate division by malfist on Tuesday October 28, 2025 @09:23AM (#45732559)
I don't think the billionare is at risk of becoming homeless even if they invest all $10m in a single company and it goes belly up.