crsu ,
@crsu@lemmy.world avatar

Make billionaires extinct

Darkncoldbard ,

You got a plan?

KredeSeraf ,

Large mobs and guillotines seemed to work fine a while back. Larger mobs and guillotines should still do nicely.

bitwaba ,

The fun thing about that is if you live in a western nation, you’re almost guaranteed to be on the chopping block for being in the top 10% of earners world wide.

reagansrottencorpse ,

I doubt many or any of us own the means of production.

bitwaba ,

People don’t act rationally when heads start rolling.

rambling_lunatic ,
BigBananaDealer ,
@BigBananaDealer@lemm.ee avatar

by making trillionaire the new milionaire?

Yewb ,

These are all paper gains if they would never be able to realize that money in reality.

Sentau ,

Yeah but to achieve this paper gains I would wager a lot of people have been screwed out of their real money

rabiddolphin ,
@rabiddolphin@lemmy.world avatar

You can use paper gains as leverage for loans against the gains and get that sweet liquidity to pay for underage escorts at Davos

NaNABCV ,
@NaNABCV@lemmy.world avatar

Oh be quiet. I bet you believe in pizza gate

nbafantest ,

You still have to pay taxes on whenever you need income to pay those loans

Blackmist ,

Just see how much they claim to be worth when we finally get a wealth tax.

Illuminostro ,
marx2k ,

“Morbidly” doesn’t work in this context

520 ,

It is morbid for society. This is completely unsustainable.

my_hat_stinks ,

Why not?

morbid /môr′bĭd/ adjective

  1. Given to or characterized by unwholesome thoughts or feelings, especially of death or disease.
    "read the account of the murder with a morbid interest."
  2. Of, relating to, or caused by disease; pathological or diseased.
    "morbid changes in tissues."
  3. Psychologically unhealthy or unwholesome.
    "a morbid fear of heights."
  4. Not sound and healthful; induced by a diseased or abnormal condition; diseased; sickly.
    "a morbid condition; a morbid constitution; a morbid state of the juices of a plant."
  5. Of or pertaining to disease or diseased parts.
    “morbid anatomy”

Other than the fifth definition here, these all seem reasonable to me.

RobertOwnageJunior , (edited )

The second one doesn’t really fit either I’d argue. Edit: good downvotes. It’s literally a medical definition. Smartasses.

roofuskit ,

I’d day the disease one is the best fit.

jmankman ,

Here’s another for your troubles

RobertOwnageJunior ,

Oh no! Anyway…

Gave you an upvote.

Sterile_Technique ,
@Sterile_Technique@lemmy.world avatar
Rivalarrival ,

Wealth can be considered a disease. If you really want to get pissed off, Google “affluenza”

Xer0 ,

If you really believe in the words that you preach, get off your screens and onto the streets. There will be no peaceful revolution, no war without blood. You can say I’m just a fool that stands for nothing. Well, to that, I say you’re a cunt.

GladiusB ,
@GladiusB@lemmy.world avatar

r/Iam14andedgy

Xer0 ,

sugma

Macaroni_ninja ,
@Macaroni_ninja@lemmy.world avatar

Whoa whoa whoa dude

nbafantest ,

Remember, any time you see this headline, they’re cherrypicking the date to after the richest men lost 50% of their wealth in the Stock collapse immediately after covid/lockdowns hit.

Gloomy ,
nbafantest ,

You can even see the dip in Elon’s networth in 2020 in this chart lol If they had started 1 month earlier, Elons net worth would have only 3x instead they cherry picked a date after Elon’s networth had halved, so instead it 6x’ed.

Gloomy , (edited )

I don’t see it. Like, honestly, I can’t see it. If you zoom in you can see months and years.

The major dip I see in 2020 was from around 50 billion in Feb to 25 billion in April.

His net worth right now is 227.8 Billion (the graph ends in early 2023)

So it’s either 9 x higher if you take the 25 Billion or about 4.5 times higher if you take the 50 Billion. So they took the highest number.

What are you on about mate?

nbafantest ,

I don’t see it. Like, honestly, I can’t see it. If you zoom in you can see months and years.

The major dip I see in 2020 was from around 50 billion in Feb to 25 billion in April.

Hey! You found when they cherry picked the dates for this headline! Congrats!

fosforus ,

Ok, so … Biden’s economic policies are worse than Trump’s were?

Or perhaps a tiny thing called war in Europe and worst pandemic in a century is having some teeny tiny effects in world economy. But when you detect a fire inside your house, it’s often smarter to use a fire extinguisher to douse it, not gasoline.

ShortFuse ,

“When the firefighter arrived, 50% of the building was burned. When they left, 70%.”

Under your logic, firefighters used gasoline to burn the other 20%.

nbafantest ,

Ok, so … Biden’s economic policies are worse than Trump’s were?

This is a cherry picked headline based on the stockmarket crashing immediately after covid/lockdowns hit. Its a good thing that Biden’s economy has fully recovered since then. There was no guarantee that we wouldn’t be in a depression after the lockdowns. The fact that the economy and stock market are back to normal after covid is not a bad thing, despite the scary sounding headline.

Linkerbaan ,
@Linkerbaan@lemmy.world avatar

In their pockets flation

bitflag ,

Ah the yearly Oxfam cherry picked data. For this one, they say “since 2020” but really this is “since Mars 2020 when the stock market was crashing and hitting incredible lows”, which helps inflate their click-baity figures.

pupbiru ,
@pupbiru@aussie.zone avatar

so what you’re saying is that when the stock market is crashing and hitting incredible lows, us plebs lose money and the rich lose significant less? make a profit?

that just points to a different and related problem that still supports oxfams conclusion

if everyone lost money at the same rate, we’d all be worse off… the problem is the wealth gap got larger; not that everyone lost money

nvermind ,

Musk’s wealth went up in 2020. So did several other billionaires. The ultra wealthy don’t obey the same rules you and I do, and they’re still making billions when the world is shit.

bitflag ,

Doesn’t change anything to Oxfam doing cherry picking.

AlteredStateBlob ,
@AlteredStateBlob@kbin.social avatar

You mean the two month stock market dip which has since not only recovered but the market following has heavily outperformed anything before 2020 and was fully abused by those in power who used their insider information on the COVID pandemic to trade just before the dip hit the markets? That stock market crash? I mean, I bet. Those 2 months are totally going to skew the numbers.

bitflag ,

Those two months do skew the numbers. Why do you think they specifically picked March and not January as anybody else would?

You can defend your opinions without having to manipulate the numbers.

AlteredStateBlob ,
@AlteredStateBlob@kbin.social avatar

How do the numbers change if you start with January?

GoofSchmoofer ,
@GoofSchmoofer@lemmy.world avatar

If I did my napkin math right (which is suspect) from January 2020 to December 2023 the Dow Jones had an ~33% increase.

jas0n ,

Yeah, I feel bad for those billionaires, too. You know what, I think they deserve a tax break.

In totally unrelated news, can you believe those left wing communists want paid maternity and paternity leave. That’s going to cost $12 billion annually… have they not seen the national debt?! It’s all just an excuse because no one wants to work anymore.

bitflag ,

Get off your soap box, I just pointed out that Oxfam numbers are manipulated.

Rivalarrival ,

So are the markets.

Tangent5280 ,

Since March 2022? The start of the Financial Year Boundary month of march? That march? I wonder why they chose such a random month.

/s

Rivalarrival ,

Do you really want to get between the angry people with the guillotines and the object of their wrath?

Malfeasant ,

Eat them!

Darkncoldbard ,

Go ahead… right behind you

NaNABCV ,
@NaNABCV@lemmy.world avatar

Thank goodness Biden is doing so much to combat this

boaratio ,

“richest men” Hmmm.

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