for those lazy bums https://www.businessinsider.in/policy/economy/news/russia-got-richer-even-as-the-war-in-ukraine-raged-on-last-year-while-the-west-shed-trillions-of-dollars-of-wealth/articleshow/102770925.cms

  • ElHexo [comrade/them]
    ·
    11 months ago

    The quoted section of your post is about global wealth. In other words:

    • Wealth declined globally (measured in USD) primarily due to the appreciation of the US dollar (and a majority of held wealth is not in the US - approximately 70 percent of global wealth).

    • US wealth also declined despite appreciation of the US dollar.