2.3 trillion dollars of wealth evaporated off Wall St. should the poor and working-class be rejoicing big time?

2.3 trillion dollars of wealth evaporated off Wall St. should the poor and working-class be rejoicing big time?
by

1 Answer

Answer :

I personally hope the American public isn’t so vindictive as to celebrate something that may “trickle-down” to them negatively.
by

Related questions

When the rich finally secure all the nations wealth, what happens to the rest of us?

Description : When the rich finally secure all the nations wealth, what happens to the rest of us?

Last Answer : answer:slaves or homeless. since the corporations own the government, protections against abuse and exploitation will slowly be eliminated completely. Slavery through contractual bondage and debt is the most likely ... Product Safety Commission. We support the repeal of all state usury laws.

Is progressive taxation really a transfer of wealth, or do the wealthy remain wealthy even with a progressive tax system?

Description : Is progressive taxation really a transfer of wealth, or do the wealthy remain wealthy even with a progressive tax system?

Last Answer : The wealthy remain wealthy.

If the middle disapeared which end would you want to be on, the rich or the poor?

Description : If the middle disapeared which end would you want to be on, the rich or the poor?

Last Answer : i would be on the rich and i have never been ruthless. I would give most of my riches away to the poor.

Are people who believe in becoming super-rich from eazy money equate to wanting people to work for free?

Description : Are people who believe in becoming super-rich from eazy money equate to wanting people to work for free?

Last Answer : No, I have never thought you wanted to enslave people, you just want to be super rich without doing any work. Your supposition doesn’t work. Just by getting people to work for free or for very low wages does not make one wealthy. To get wealthy YOU must do some work!

Who are the richest criminals in the world?

Description : Who are the richest criminals in the world?

Last Answer : Criminals and dictators tend not to publish reliable information on their assets. Neither do many of the world's richest people. Also, criminals and dictators have other assets in terms of loyal ... , accused cannibal) $500 million Zine al Abidine Ben Ali (ousted President of Tunisia) $50 million

If you were super rich, would you do this?

Description : If you were super rich, would you do this?

Last Answer : No. I don’t see any point in paying for such expensive things that can easily be replaced by something with the same function and much cheaper price. I know the people don’t just pay for the things themselves, they pay for the brand that will scream “I’m rich”. Well, that mentality isn’t for me.

Do you see homeless people everyday?

Description : Do you see homeless people everyday?

Last Answer : answer:I work in San Francisco, so they are all around me as I walk the two blocks from the train to my office. We used to call them hobos . And I often saw them down near the ... 10th of 1% controlling more than the bottom 50%, lack of Congressional support for the VA and housing for veterans.

Do the ultra rich take collectables out of the original packaging?

Description : Do the ultra rich take collectables out of the original packaging?

Last Answer : The ultra rich can afford to buy two.

What does it feel like to be rich?

Description : What does it feel like to be rich?

Last Answer : Feels good

Question about the legality of Robin Hood.

Description : Question about the legality of Robin Hood.

Last Answer : It’s a popularity ponsi scheme

Who is the Government really subsidizing when it comes to minimum wage?

Description : Who is the Government really subsidizing when it comes to minimum wage?

Last Answer : I’d say a mix of both. It benefits both sides.

How come people seem to get all upset when minimum wage is to be increased, but just shrug when some CEO gets a huge bonus or increase?

Description : How come people seem to get all upset when minimum wage is to be increased, but just shrug when some CEO gets a huge bonus or increase?

Last Answer : Because the CEO is likely to be already wealthy, conservative and one of the socio-economic class that is getting upset about raising the minimum wage. Generally they don’t criticize their own kind.

Is the desire to have lots of money a delusion?

Description : Is the desire to have lots of money a delusion?

Last Answer : Invest in the Hoffman crew. Proven winners with a awesome track-record in environmental destruction for minimal gains.

So what was your childhood plan to become a billionaire?

Description : So what was your childhood plan to become a billionaire?

Last Answer : answer:I thought the best way to make a billion bucks was to refuse troubling myself with answering every silly little question that came along. I just can’t for the life of me figure why it hasn’t worked out.

If you got to choose to grow up privileged or disadvantaged, which you honestly choose?

Description : If you got to choose to grow up privileged or disadvantaged, which you honestly choose?

Last Answer : You can be rich and end up being lonely and unhappy? You can be the happiest person but you might be poor so honestly speaking, as long as I’m happy it doesn’t matter. I think I would choose to be raised in a family of privilege and then help out the poor? Sounds fair :)

Why are the rich blamed for income inequality?

Description : Why are the rich blamed for income inequality?

Last Answer : Hmmmmm, firing thousands of people for the excuse of saving money, then taking that money and paying it to yourself to “reward your success” might have something to do with it.

Does it seem like many "rich" people assume they are smarter than everyone else?

Description : Does it seem like many "rich" people assume they are smarter than everyone else?

Last Answer : I was going to say i've not come across one like this before, but then somone came to mind when we have a disagreement about how something should be done, this person will sometimes support their ... arrogant. Then again you get people like this in all walks of life, not just the wealthy ones.

When the below was jerking , the above was preferring. When the below was hurting, the above was happy rejoicing. What is that? -Riddles

Description : When the below was jerking , the above was preferring. When the below was hurting, the above was happy rejoicing. What is that? -Riddles

Last Answer : That is fishing.

What would happen to the world if we spent 2 trillion dollars responsibly in one year making it a better place? What would be the results?

Description : What would happen to the world if we spent 2 trillion dollars responsibly in one year making it a better place? What would be the results?

Last Answer : The world spends 2 trillion a year in military spending and look how unhappy we are. My point is why don’t we try something else. I live in the us but I think we have to stop thinking in terms of us and them and realize we are a global community.

If you had infinite money , or 1 trillion dollars, and access to talent how close can you get to build a starcraft/probe/shuttle?

Description : If you had infinite money , or 1 trillion dollars, and access to talent how close can you get to build a starcraft/probe/shuttle?

Last Answer : answer:You could make it look like one. Here is what you can not do: 1. You can not make it fly, because you have no anti gravity tech (needed, because the shuttle produces no lift ... matter - antimatter reactor either. In short, your shuttle would be about as functional as a movie prop.

Why not tax some of the meag-trillion dollars generated the derivatives and exotic securities markets to pay for the deficit?

Description : Why not tax some of the meag-trillion dollars generated the derivatives and exotic securities markets to pay for the deficit?

Last Answer : answer:It’s that what capital gains tax is about? http://en.wikipedia.org/wiki/Capital_gains_tax

How much is 10 percent of 20 Trillion Dollars?

Description : How much is 10 percent of 20 Trillion Dollars?

Last Answer : 2 trillion dollars

How many pennies are in one hundred sixty trillion dollars?

Description : How many pennies are in one hundred sixty trillion dollars?

Last Answer : 16 quadrillion pennies

What is 4.7 trillion dollars divided by 20 million?

Description : What is 4.7 trillion dollars divided by 20 million?

Last Answer : 0.235

What is 17299986438377 to the nearest tenth of a trillion dollars?

Description : What is 17299986438377 to the nearest tenth of a trillion dollars?

Last Answer : The answer will depend on the units used for 17299986438377. Ifthe number is in dollars, then the answer is 17300000000000.

How much is 1 trillion yen in dollars?

Description : How much is 1 trillion yen in dollars?

Last Answer : $13.04500 billion

What is 2 trillion dollars divided by 300 million people?

Description : What is 2 trillion dollars divided by 300 million people?

Last Answer : 0.0067

If you had 1 trillion dollars, what would you do with it?

Description : If you had 1 trillion dollars, what would you do with it?

Last Answer : I would buy a moniter and gaming setupI also would buy my fammily fav car and a mansionalso the rest of my money ill just get a credit card

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Last Answer : (4) Rich Explanation: A group of economists including Keynes is of the opinion that 'inflation, in one form or the other, is a factor which helps economic growth. Usually, it is argued that ... margin-al propensity to consume of the wage- earners because of their near-subsistence level of income.

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Last Answer : Rich

When the Debt in the U.S. hits 1000 trillion what will the next big word for 1000 trillion be?

Description : When the Debt in the U.S. hits 1000 trillion what will the next big word for 1000 trillion be?

Last Answer : Quadrillion. Horrible.

As the wealth gap widens between the rich and the poor. Why do companies and corporations seem not concerned that before long there will be very few people left that can actually afford their goods and services?

Description : As the wealth gap widens between the rich and the poor. Why do companies and corporations seem not concerned that before long there will be very few people left that can actually afford their goods and services?

Last Answer : answer:Short-term Because the people at the top know it's a pyramid scheme and already have their exit strategy in place once they are done looting everything. Long-term goods and services will ... access them it all comes toppling down. It's destined to fail eventually since resources are finite.

Which of the following should not be done by poor countries to get a better share in world‘s wealth? a. By allowing rich countries to exploit their natural resources. b. Forming alliances and groups to promote their welfare. c. Address their needs to International forums like UN and its subsidiary bodies. d. Strengthen their internal democracies.

Description : Which of the following should not be done by poor countries to get a better share in world s wealth? a. By allowing rich countries to exploit their natural resources. b. Forming ... their needs to International forums like UN and its subsidiary bodies. d. Strengthen their internal democracies.

Last Answer : a. By allowing rich countries to exploit their natural resources.

Identify the idea depicted in the cartoon: a. Equal distribution of income and wealth in the world. b. disparities of income and wealth between the rich and poor in the world c. The rich have access to scarce resources d. The poor have access to more resources because they are needy Correct

Description : Identify the idea depicted in the cartoon: a. Equal distribution of income and wealth in the world. b. disparities of income and wealth between the rich and poor in the world c. The rich have access to scarce resources d. The poor have access to more resources because they are needy Correct

Last Answer : b. disparities of income and wealth between the rich and poor in the world

In cooking, can you use evaporated milk in place of regular milk, and vice versa?

Description : In cooking, can you use evaporated milk in place of regular milk, and vice versa?

Last Answer : Evaporated milk is milk where some of the water content has been removed, usually about 60%. It shouldn't be confused with condensed milk which also has sugar added to it. Can you use it instead ... you want the results to be thicker and creamier you should use half evaporated milk and half water.

Has the American dream evaporated?

Description : Has the American dream evaporated?

Last Answer : Facebook.

Is there a way to add water to a snow globe where some of the water has evaporated?

Description : Is there a way to add water to a snow globe where some of the water has evaporated?

Last Answer : I didn't know that was possible or if the liquid is water. But if it is, here's how I'd do it. Put the globe in the refrigerator for a few hours to cool it down. Find a pot deep enough to ... draw in water. Repeat as necessary. This method will never get out all the air out but it will get close.

How do I fix fudge if I made it with evaporated milk instead of condensed milk ?

Description : How do I fix fudge if I made it with evaporated milk instead of condensed milk ?

Last Answer : answer:Pour it over good coffee ice cream, or put it under home-made whipped cream. Your putative (love that word) fudge is just that; try one of these ways: fudge

Frontal Rain is caused by – (1) Convection current (2) Winds from sea (3) Cyclonic activity (4) Condensation of water evaporated from mountains

Description : Frontal Rain is caused by – (1) Convection current (2) Winds from sea (3) Cyclonic activity (4) Condensation of water evaporated from mountains

Last Answer : (3) Cyclonic activity Explanation: Frontal rainfall is a type of precipitation which occurs when a warm air mass and a cold air mass meet. Extra-tropical cyclones form as waves along ... is the development or strengthening of cyclonic circulation in the atmosphere (a low pressure area).

A multiple effect evaporator has a capacity to process 4000 kg of solid caustic soda per day, when it is concentrating from 10% to 25% solids. The water evaporated in kg per day is (A) 6000 (B) 24000 (C) 60000 (D) 48000

Description : A multiple effect evaporator has a capacity to process 4000 kg of solid caustic soda per day, when it is concentrating from 10% to 25% solids. The water evaporated in kg per day is (A) 6000 (B) 24000 (C) 60000 (D) 48000

Last Answer : (B) 24000

Kg of liquid evaporated per hour in an evaporator is defined as its (A) Capacity (B) Economy (C) Steam load (D) None of these

Description : Kg of liquid evaporated per hour in an evaporator is defined as its (A) Capacity (B) Economy (C) Steam load (D) None of these

Last Answer : (A) Capacity

The actual temperature drop across the heating surface of an evaporator depends on the (A) Liquid depth over the heating surface (B) Solution being evaporated (C) Pressure difference between the steam chest and the vapor space above the boiling liquid (D) All (A), (B) and (C)

Description : The actual temperature drop across the heating surface of an evaporator depends on the (A) Liquid depth over the heating surface (B) Solution being evaporated (C) Pressure difference between the steam chest and the vapor space above the boiling liquid (D) All (A), (B) and (C)

Last Answer : (D) All (A), (B) and (C)

Water gets evaporated from water surfaces and land surfaces, get converted into water drops at lower temperatures, flows over ground surface and finally meets its source, i.e. lake, sea, etc. This entire process is generally known as (A) Hydrological cycle (B) Water cycle (C) Evaporation and precipitation cycle (D) All the above

Description : Water gets evaporated from water surfaces and land surfaces, get converted into water drops at lower temperatures, flows over ground surface and finally meets its source, i.e. lake, sea, etc. This ... Hydrological cycle (B) Water cycle (C) Evaporation and precipitation cycle (D) All the above

Last Answer : (D) All the above

The amount of water evaporated in kg per kg of fuel burnt in a boiler is called the __________ of a boiler. (A) Evaporative capacity (B) Evaporation efficiency (C) Thermal efficiency (D) Steam load

Description : The amount of water evaporated in kg per kg of fuel burnt in a boiler is called the __________ of a boiler. (A) Evaporative capacity (B) Evaporation efficiency (C) Thermal efficiency (D) Steam load

Last Answer : (A) Evaporative capacity

The distillation carried out in such a way that the liquid with the lowest boiling point is first evaporated and recondensed, then the liquid with the next higher boiling point is then evaporated and recondensed, and so on until all the available liquid fuels are separately recovered in the sequence of their boiling points. Such a process is called  A. cracking  B. carbonisation  C. fractional distillation  D. full distillation

Description : The distillation carried out in such a way that the liquid with the lowest boiling point is first evaporated and recondensed, then the liquid with the next higher boiling point is then evaporated and ... is called  A. cracking  B. carbonisation  C. fractional distillation  D. full distillation

Last Answer : Answer: C

1 kg of wood contains 15% moisture and 5% hydrogen by weight. How much water is evaporated during complete combustion of 1kg of wood? a) 0.6 kg b) 200 g c) 0.15 kg d) none of the above

Description : 1 kg of wood contains 15% moisture and 5% hydrogen by weight. How much water is evaporated during complete combustion of 1kg of wood? a) 0.6 kg b) 200 g c) 0.15 kg d) none of the above

Last Answer : b)200 g

Frontal Rain is caused by (1) Convection current (2) Winds from sea (3) Cyclonic activity (4) Condensation of water evaporated from mountains

Description : Frontal Rain is caused by (1) Convection current (2) Winds from sea (3) Cyclonic activity (4) Condensation of water evaporated from mountains

Last Answer : Cyclonic activity

If we paid off the $10 trillion national debt, would there be no more money left?

Description : If we paid off the $10 trillion national debt, would there be no more money left?

Last Answer : you know i really dont know, my question is how do we just make money? why can the government just create money out of thin air? Dosent that make the US dollar worth less. Stupid government and rich people.

Facebook is the only big 5 tech company to report poor numbers and to top it off, they 40% from their all time high, how do you think Mark Zuckerburg is feeling right now?

Description : Facebook is the only big 5 tech company to report poor numbers and to top it off, they 40% from their all time high, how do you think Mark Zuckerburg is feeling right now?

Last Answer : Who cares? Zuckerberg is still making bank. I'm sure he gives zero fucks.

Want more evidence that wealth is being transfered from the middle class upwards to the plutocrats?

Description : Want more evidence that wealth is being transfered from the middle class upwards to the plutocrats?

Last Answer : How does student loans tie into enhancing the plutocrats and hurting the middle class? It is the US government that made 90% of these loans which means us the taxpayers are on the hook for this debt.