▲ 114 ▼ Millionaire CEO warns US economic situation could lead to revolution (www.newsweek.com) submitted 10 months ago by UltraMagnus0001@lemmy.world to c/worldnews@lemmy.ml 15 comments fedilink hide all child comments
[–] jjjalljs@ttrpg.network 28 points 10 months ago (4 children) And the ultra rich would deserve to lose everything permalink fedilink source hideshow 4 child comments replies: [–] altphoto@lemmy.today 6 points 10 months ago (2 children) It should be... House owner....sorry, they forgot that millionaire means next to nothing now. Whoever buys that house will one day in 30 years be a millionaire. 6ft under probably, but a proper millionaire. permalink fedilink source parent hideshow 2 child comments replies: [–] Maeve@kbin.earth 1 point 10 months ago (1 child) Vulture capitalist fund owner. permalink fedilink source parent hideshow 1 child comment replies: [–] altphoto@lemmy.today 2 points 10 months ago Whoever owns the houses now are all temporary millionaires. Temporary because the banks just cycle owners. The houses start at 1 million under BoA, then 1mil again by Wells. Just back and forth owner to owner million by million. Nobody owns anything. The banks do. permalink fedilink source parent [–] Insekticus@aussie.zone 6 points 10 months ago Historically speaking, the ultra rich tell themselves and each other how smart they are, and circle-jerk each other into self-affirmations about superiority, but previous wealthy societies always end up in violent revolution with their heads all rolling around on the floor because they pushed the lower classes too far - they never learn this lesson. When it happens this time, there won't be an iota of pity from me. permalink fedilink source parent
[–] altphoto@lemmy.today 6 points 10 months ago (2 children) It should be... House owner....sorry, they forgot that millionaire means next to nothing now. Whoever buys that house will one day in 30 years be a millionaire. 6ft under probably, but a proper millionaire. permalink fedilink source parent hideshow 2 child comments replies: [–] Maeve@kbin.earth 1 point 10 months ago (1 child) Vulture capitalist fund owner. permalink fedilink source parent hideshow 1 child comment replies: [–] altphoto@lemmy.today 2 points 10 months ago Whoever owns the houses now are all temporary millionaires. Temporary because the banks just cycle owners. The houses start at 1 million under BoA, then 1mil again by Wells. Just back and forth owner to owner million by million. Nobody owns anything. The banks do. permalink fedilink source parent
[–] Maeve@kbin.earth 1 point 10 months ago (1 child) Vulture capitalist fund owner. permalink fedilink source parent hideshow 1 child comment replies: [–] altphoto@lemmy.today 2 points 10 months ago Whoever owns the houses now are all temporary millionaires. Temporary because the banks just cycle owners. The houses start at 1 million under BoA, then 1mil again by Wells. Just back and forth owner to owner million by million. Nobody owns anything. The banks do. permalink fedilink source parent
[–] altphoto@lemmy.today 2 points 10 months ago Whoever owns the houses now are all temporary millionaires. Temporary because the banks just cycle owners. The houses start at 1 million under BoA, then 1mil again by Wells. Just back and forth owner to owner million by million. Nobody owns anything. The banks do. permalink fedilink source parent
[–] Insekticus@aussie.zone 6 points 10 months ago Historically speaking, the ultra rich tell themselves and each other how smart they are, and circle-jerk each other into self-affirmations about superiority, but previous wealthy societies always end up in violent revolution with their heads all rolling around on the floor because they pushed the lower classes too far - they never learn this lesson. When it happens this time, there won't be an iota of pity from me. permalink fedilink source parent