What percentage of national wealth would you guess is concentrated in the top 0.01%

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Dec 20, 2024
5:13:53pm

spinner board name checks out

What percentage of national wealth would you guess is concentrated in the top 0.01%

would you predict that’s gone up, or down, in the last 40 years. Growing wealth inequality may not bother you, but it’s not just perception and not everybody shares your opinion. And not everybody who holds a different opinion is necessarily wrong, either.

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spinner

Bio page: spinner
Joined: Dec 16, 2001
Last login: Dec 20, 2024
Total posts: 28,194 (11,589 FO)

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Messages

Author

Time

Musk’s net worth approaching half a Trillion. Bananas. Imagine having a million

3:26pm

FB, BB, BB, & S?

HeyU

3:33pm

Hockey, not soccer

goidcougs

3:35pm

Fake hair in place of balding is a key currency in the new American era.

oxcoug

3:33pm

Isn't the second richest man in existence bald?

rad dawg

4:11pm

If he bought Twitter at a loss, people would say he is a bad businessman

Jericho

3:35pm

Gonna be wild with him in the White House the next four years

byuTX

3:36pm

With that money, he should give every American 1 million.

Preppy

3:51pm

TNT can have my share.

maYbe

3:53pm

You are a true saint

Preppy

4:43pm

Imagine being so rich that a million dollars is a rounding error.

bluecheese

3:59pm

Doesn't sound like a healthy development.

OrsoNero

4:06pm

Extreme wealth disparity is never a good sign.

maYbe

4:12pm

Its bad if LDS church has billions, but local ‘Compass Bible Church’ has $100k?

bluebrotha

4:59pm

if he distributed his entire fortune amongst the population we'd each get $50

Buffalo

4:26pm

$500 billion (his wealth) divided by 300 million (the US population) is $1666.67. That’s insane.

spinner

4:46pm

yeah, assume he sold all his stock, became a Catholic priest, and distributed

Buffalo

4:49pm

I don’t hate billionaires, but extremes of wealth inequality are not healthy for any society

spinner

4:51pm

maybe at a certain point, I see no evidence of that right now

Buffalo

4:56pm

You may not, but that doesn’t mean others don’t

spinner

5:01pm

then the perception is what's unhealthy, not Musk's wealth itself

Buffalo

5:04pm

What percentage of national wealth would you guess is concentrated in the top 0.01%

spinner

5:13pm

I agree. Rich people are very rich. But compared to the overall world

Buffalo

5:17pm

I guess someone needs to create jobs, innovate, etc.

Preppy

5:23pm

The top 1% has more wealth than the entire middle class.

OrsoNero

7:35pm

What would you propose to fix this?

Buffalo

7:53pm

Stealing it from the wealthy

Jericho

8:22pm

But he is notorious for helping nobody but himself

Blueto

4:52pm

Hey but he has already gifted the world 12 children by three different mothers. Can we really expect more?

spinner

4:54pm

I know you'll disagree but society is better off and Musk is $40 billion worse

Buffalo

5:00pm

Not sure how you can't see a direct correlation between his obvious involvement

Blueto

5:07pm

He's borderline getting too involved in politics, I don't disagree with that

Buffalo

5:11pm

Your math may be correct but the spirit is wrong

justAnotherCoug

4:51pm

I have heard that some of Musk's employees work long hours

Buffalo

5:06pm

Musk is just getting started. Just wait until humanoid robots are in mass

flyzag

4:28pm

meant to reply to post below. oops

flyzag

4:29pm

Class warfare fixations don’t ever end well, for any class.

bluebrotha

5:00pm

Bill Gates would be way richer if he hadn't sold his MSFT shares. Even Ballmer

4:11pm

He'd also be richer of he hadn't massively shorted TSLA when it was at $250.

BikeGuy

4:28pm

There's gotta be an Epstein Island joke in here somewhere.

Emmett Fitz-Hume

4:37pm

Dont think Gates really cares about catching up to Musk. He is quite charitable

boctabulous

4:40pm

Oligarch. He literally tweets and congress changes it's mind. He threatens to

Blueto

4:13pm

Thats President Musk, bub

boctabulous

4:40pm

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