This is giving the "ultra-processed" term too much credit. Organic is at least pretty explicitly specified by the USDA (even if that definition is perhaps not what most people think or expect when they read the term).
Ultra-processed doesn't even have a single, consistent definition.
Many, if not most, donations have limits / requirements on what the money can be spent on. That's why it's such a big deal when someone doesn't make such a demand and says the grant is "unrestricted."
You can use non-USD currencies to judge how the US stock market has fared to avoid the issues with currency health. You may argue that dollar-denominated returns aren't real, but SPY isn't down even when denominated in EUR https://ycharts.com/indices/%5ESPXEUR
>median wealth (currently below 2007 levels in the USA)
Even 7 zeros is pretty much you can do what you want anytime you want. Ten million dollars sitting in a bank account earning 3% is 25k a month and nobody with those kinds of assets is leaving them in a bank account earning 3%.
3% is considered a "safe withdrawal rate" for stock investments, not so much if you have the money just sitting in a bank account, but you're right nevertheless. You can do whatever you want with that kind of money.
That's fair actually. I wrote this comment a little off the cuff and rereading the article (it's been a while since I wrote it!) it's more like a strong plurality, so overwhelming was a bit much
This is also kinda funny and ironic: 'This is not, as I have labeled it, a flood, deluge, or avalanche. It's an earthquake. A rupture. Quiet in 2022, five-alarm fire in 2023.' (ibid)
Looks like Prince Alwaleed bin Talal's ownership of Fox was between 5.5% to 7% during the two-decade period of 1997 ~ 2017. He divested during an anti-corruption purge.
Here's a couple concrete examples I found. It seems like most have to rely on multiple revenue streams for it to work -- something like 1/3 reader revenue (membership), 1/3 grants/philanthropy, 1/3 earned income (events, merchandise, etc).
does that work out in their favor in the end? seems like that would really deter investment in the country. I'm not familiar with any large thai corporations.
Ultra-processed doesn't even have a single, consistent definition.
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