How about we stop calling it their fucking money. It's inconceivable that someone can look at what has got to be at least 50% of all wealth ever made by humankind and say, "this is mine and just mine". That isn't what sane rational people think
this post was submitted on 15 Jan 2024
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Having that amount of money makes you lose all rational thinking my dude.
Wait Musk is still such a strong first place? I thought with twitter bombing, people starting to dislike Tesla, general weird behavior, he was losing quite a bit? I'm probably way out of touch but isn't someone catching uo to him?
That's the neat part. When you're rich you can make as many mistakes as you want, and you'll still be rich.
Lost more money than anyone ever has ever and is still the richest human alive. Howzat for fucked
Yep money keeps making money
It will trickle down any moment now. Any moment.
This is such a good visualization of big numbers and big bank accounts.
It's also a good way to really see the bull shit argument that it's unfair to tax the wealthy at a higher rate. Even if they get taxed at 90% (which I don't think will happen in my lifetime) they still will have enough money for them and their decedents to live a lavish lifestyle. And that extra money could really make America into the country that it pretends to be.
Also, the "taxed at 90%" is a red herring too, since that's not how progressive tax brackets work. Nobody's effective tax rate would be close to 90%, even if we raised the top marginal rate to nearly 100%.
Rich assets grow exponentially. They will exceed government budgets if they haven't yet. Then, they will have far bigger budget than governments.
Maybe the world will all become North Korea.
You guys ready to eat em yet?
Yes, but I wouldn't eat a rich person. All the chemicals and drugs in the meat. Gross. We need to just cull the rich.
Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Mark Zuckerberg
How many more years of these news stories do I have to read before we actually do something about this?
I'm so fucking sick of this happening constantly.