Thinking money trickles down is like thinking waterfalls flow upward, against gravity.
this post was submitted on 18 Jul 2024
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Oh so money is like salmon
where something like 0.01% complete the lifecycle from egg to reproduction or reach the bottom
And they love to work right?
Love to work! They're always saying that!
What the deal with bootstraps?
This poverty is making me thirsty.
Has a billionaire ever lost all their money? Outside of criminal cases. Seems impossible.
There was a browser game some had developed where you had to spend all your money. It was similar to cookie clicker.
The point of the game was that once you have a billion dollars, you have so much money that you literally could not spend that much money.
I could easily spend a billion dollars but most of it would be doing Mr Beast type shit like building houses and wells and hospitals or paying for people's medical procedures.
You have to be pretty heartless to have that much money and keep it all to yourself
I couldn't not do that as well, which implies that to get that stinking rich and stay that way you must be some degree of sociopath
Even in a criminal case, they will have more than the rest of us to live on after there 3 year, club fed sentence
And even the criminal case needs to be really criminal it seems.
The movie "Brewster's Millions" is based on that premis.
Perhaps Mikhail Khodorkovsky. I’m sure he managed to squirrel away some of his wealth and now lives comfortably in exile, albeit with a huge bullseye on his back. But if your standard is “lose 100% of their wealth” then that almost never happens to anyone, even working class people who declare bankruptcy due to overwhelming debts.
Does Muammar Gaddafi count? He lived like a king with an anime-style cadre of elite female bodyguards, being essentially the emperor of Libya. He died after some soldiers dragged him out of a ditch and summarily executed him.
Guess the female bodyguards didn't learn enough from the anime, or maybe he was not the MC.
They’ll always have stashes overseas
It helps that they don't eat avocado toast, so they don't lose money.
Maybe Ayn Rand was onto something, we should tax the most wealthy people people since they are the wealth creators. We should expose John Galt and marvel at how well the billionaires can rebuild their wealth from nothing in any field they enter. Atlas Shrugged is a guide on what to do to help stop billions from going to the few.
Trickle down economics isnt a thing, its propaganda.