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Inequality Watch: 2018 Promises Record Stock Buybacks

March 23, 2018 by runawayinequality

JP Morgan says S&P 500 companies will buy back $800 billion of their own shares this year, up from the $530 billion spent in 2017.

Read the whole story here.

Read about financial stripmining, the extraction of wealth from companies for the benefit of the wealthy, and how it crushed the middle class, here.

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