With the Gobal economy and prices rising the way they are I am looking forward to seeing the first "Trillionaire", do you think its possible ?
2006-11-17 00:52:00 · 7 answers · asked by Latin Techie 7 in Social Science ➔ Economics
Oh yes... there will be trillionaires.. If one could think back to the a800s.. who would have ever thought there would be billionaires.. and even millionaires were a very very rare breed... As the middle class is dwindled to nothing, you will have the very poor and the very rich and during those times, trillionaires will come into existence
2006-11-17 01:07:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No; to hit the trillion, the current richest man would have to accumulate about 13 times wot he currently owns ... and he's not even interested in doing that anymore.
He is now giving away his money, and setting up Charity Funds with some other top notch earner!
Besides, the Lord is due here in less than 30 years.
Inflation has been slow for quite some time.
i don't see anyone making triliions before 'ALL things become in turmoil', including the world's economy!
Like all other things, it will start to fall apart at the seams soon.
I think that should happen in less than 20 years; maybe even 15!!!
2006-11-17 01:04:21 · answer #2 · answered by dr c 4 · 0⤊ 1⤋
Go back 20-30 years and ask if it is possible than anyone would get to a billion.
Yes it is possible, with the current way we value money, and the fact its getting less valued all the time.
It will take some time, but someone will get there.
2006-11-17 19:54:17 · answer #3 · answered by holdon 4 · 0⤊ 0⤋
well it is certainly possible, with current inflation value of currency...(money losses value)
for instance, to buy a nice shoe back in the 1950's, it only cost about few dollars...
where as today, in order to buy a nice quality of sport shoes, it cost about few hundred dollars
who knows in another thousand years, one shoe might cost about tens of thousand..by that time we will see tonnes of "trillionaires" rather than millionares
2006-11-17 01:23:32 · answer #4 · answered by tata bear 3 · 0⤊ 1⤋
I'm working on it but fear that the strains of our principal global issues will probably cause things to go pop before I make it.
2006-11-17 01:10:21 · answer #5 · answered by ElOsoBravo 6 · 0⤊ 1⤋
Of course.... Just wait for either Bill Gates or Donald Trump...
2006-11-17 01:02:40 · answer #6 · answered by a_fallenangel_a 2 · 0⤊ 1⤋
no there is not people with money are jerks
2006-11-17 01:19:48 · answer #7 · answered by odom_terra 1 · 0⤊ 1⤋