billionaires should be desperate to be taxed. something is going to happen to them, and 'taxed' is the best verb they can hope for at this point
you are viewing a single comment's thread
view the rest of the comments
[–] 81 points 1 year ago (26 children)

Yeah, but if these people were truly masters of long-term thinking, they wouldn't be spending all their time ruining the economies upon which their wealth is predicated.

  • source
  • hideshow 26 child comments
  • [–] 69 points 1 year ago (14 children)

    You say that, but if you have a large cache of cash, economic crashes are just opportunities to buy assets at a bargain.

  • source
  • parent
  • hideshow 14 child comments
  • [–] 29 points 1 year ago* (10 children)

    Up to a point yes. However, if the majority of your 'wealth' is not liquid and bound up in a stockmarket that no longer exists, you're going to have a hard time leveraging it. Similarly, what liquid wealth you have is only as valuable as the form it takes. Your dollar bills in a hyper-inflationary scenario is going to have more values as toilet paper than as a means of exchange, and your gold is no good if there are no one around willing to exchange anything for it. You can eat gold, but the nutritional value is somewhat dubious.

  • source
  • parent
  • hideshow 10 child comments
  • [–] 4 points 1 year ago (7 children)

    Quit licking boots. You think banks will stop loaning money to musk if Tesla stock crashed? Trump has been bankrupt multiple times, it's a big club and you ain't in it.

  • source
  • parent
  • hideshow 7 child comments
  • [+] 2 points 1 year ago* (last edited 8 months ago) (3 children)
  • [–] 1 point 1 year ago (2 children)

    Watch who you're calling a bootlicker. You talking to a guy who've never taken a loan, made use of credit or had an insurance policy. And I dare say banks will stop loaning money to Musk when they have no fucking money.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 0 points 1 year ago (1 child)

    That's what you think boot licking is?

  • source
  • parent
  • hideshow 1 child comment
  • [–] 3 points 1 year ago*

    I think bootlicking is bowing down to the (unreasonable, amoral or unethical) demands of someone who considers themselves the master or owner of other people whether that's you or someone else, and that this can take many forms and have many motivations, precisely none of which are acceptable or excusable. I cannot think of a single form of it that has been characteristic of my life, and so I'd kindly ask you to use that term for someone who deserves it instead of me. I suggest the nearest MAGA adherent or Russian. Thanks.

  • source
  • parent
  • [–] 17 points 1 year ago (10 children)

    They're so busy building survival bunkers....

  • source
  • parent
  • hideshow 10 child comments
  • [–] 26 points 1 year ago (5 children)

    I fully approved of this. Then just cement over all the exits when they have closed the hatches and forget about them

  • source
  • parent
  • hideshow 5 child comments
  • [–] 5 points 1 year ago (4 children)

    All one would have to do is find the air filtration vents.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 5 points 1 year ago (3 children)
  • [–] 18 points 1 year ago* (last edited 1 year ago) (3 children)

    I think it's very civic-minded of them to hole up in a static position so we know where to find them.

  • source
  • parent
  • hideshow 3 child comments