It will trickle down any second now
No, no. A little while yet.
They've got to get enough to cover
first. THEN it'll trickle down. For super super sure.
Trust them. Maybe they care.
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It will trickle down any second now
No, no. A little while yet.
They've got to get enough to cover
first. THEN it'll trickle down. For super super sure.
Trust them. Maybe they care.
USA at again, isn't it? The country with trillion debt, that's about to blow.
It has always been a thing with America. The debt has been astronomical for many decades. I know its easy to believe its something new, but it really isnt. My entire life, America has been like this.
Im not too interested in the why, but I have glanced articles explaining why this is actually ok because of their position in the world, the world currency being the dollar, and other factors. Its very boring for me but you can find info about it.
It works like a piñata - if we beat it open with a club, only then will its contents trickle down.
Every time I see these guys’ faces I cringe so hard. It’s frankly embarrassing working in the tech industry when most people think of them whenever anyone mentions it.
Dragonslayer is an occupation that needs a comeback
If these billionaires started feeling just a little less safe out in public with the rifraf ... Rather than being worshiped - I imagine we'd see them at least hesitate when improving the efficiency of the orphan crushing machine.
America has spent decades brainwashing people the wealthy are special and you can be one also if you work hard.
Top two are richer than the 3rd + the 50%
Cuckerburg
What people often forget about trickle-down economics is that wealth only trickles down to named beneficiaries
That's not liquid money though. For each one, the figures mostly represent stock in their own companies which they couldn't pull out without crashing the value. Musk's wealth in particular is mostly air. At least the other two have profitable companies that actually function. In any case, much of it's not real money we could pull out of the bank and spread around. (But we could tax the fucking snot out of them and spread that around!)
But even if they were "only" worth a few 10's of billions, the real issue is that they own the government. And Zuckerberg and Musk own a monster chunk of our social media, control our opinions.
tl;dr: It's not real money and the problem is influence, not total wealth.
money is a meaningless construct. Eat the rich.
Elon is not an American.
He builds fireworks that's pretty American tbh.
This is so disgusting.
any one of those three individually would, if this graph is accurate.
one billionaire owns more than the bottom 50%
Not to mention that the top owner owns more than the second and third combined...
Can someone do the math for me... If theoretically that was all liquid and those 3 got Thanos snapped with the money redistributed, how much would each American get?
About $2500 per person
As in 1 trillion / 390 million population
478 billion for Musk. Happily he found a way to destroy money as effectively as possible by building the biggest rockets ever and let them explode over and over again.
Roughly speaking, if you murdered and seized their wealth by liquidating their assets at current value, that's like... 6k donation to half of the US.
That's assuming 50% of about 340m people with big economic assumptions that won't hold up, but fun to think about. It's not a ton of money even then, but it'd probably do more for everyone than under some dragon. Course, we could also just tax them a large amount like we used to, which accomplishes the same thing without the murder.
Well, only on paper. Someone actually has to buy their shares first.
You'd think that, but go research or watch a video and get informed on how these bimbos use their networth (stocks) as collateral for bank loans of still more money than we will ever see in our life times (that they never really pay back btw).
robber barrons 2.0