And most billionaires don't have anywhere near that in cash. It's net worth. You

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Feb 24, 2021
11:36:11am

zonacougar All-American

would have to liquidate all of their holdings, real estate, etc.

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zonacougar

Bio page: zonacougar
Joined: Dec 12, 2001
Last login: Apr 30, 2024
Total posts: 40,157 (680 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

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