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Feb 24, 2021
10:05
:45
am
LeonMarek
Truly Addicted User
If we took all of the wealth of the nation and evenly distributed across all
people in the world, I'd guess that 70% of people would be in the same hierarchy in 5 years as they are now.
no hard evidence to support this, just a gut feeling.
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LeonMarek
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LeonMarek
Joined
Aug 11, 2014
Last login
May 1, 2024
Total posts
8,389 (372 FO)
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Messages
Author
Time
<< Deleted >>
Buffalo
2/24/21 9:59am
I’m not one of them, which is a major problem.
4th and Niner
2/24/21 10:02am
If we took all of the wealth of the nation and evenly distributed across all
LeonMarek
2/24/21 10:05am
That's probably pretty consistent with studies of lottery winners.
Eddie
2/24/21 10:07am
Probably more than 70%
No touching
2/24/21 10:10am
I think it is too, but after a longer time period. maybe 80% after 10 years
LeonMarek
2/24/21 10:12am
I think those proposing wealth redistribution favor monthly payouts instead
jhingman
2/24/21 10:05am
All the talk of redistribution is tied to future voters. Dems buying votes.
MrClark
2/24/21 10:09am
Russia did something like this once, right after the Soviet Union collapsed
Cougarclaw
2/24/21 10:09am
The big issue with wealth inequality arises when there is no movement between
Baron
2/24/21 10:13am
Do you think the GME short exploitation would be considered part of that?
LeonMarek
2/24/21 10:15am
In theory yes.
Baron
2/24/21 10:16am
<< Deleted >>
Buffalo
2/24/21 10:20am
I didn't say they were.
Baron
2/24/21 10:27am
If you look at the French nobility prior to the french revolution
Cougarclaw
2/24/21 10:38am
Here is an article describing one study on the issue
Baron
2/24/21 10:44am
This is the case of statistics being a "darn" lie...
lilpenny
2/24/21 10:51am
And most billionaires don't have anywhere near that in cash. It's net worth. You
zonacougar
2/24/21 11:36am
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