▲ 109 ▼ Millionaire CEO warns US economic situation could lead to revolution (www.newsweek.com) submitted 9 months ago by UltraMagnus0001@lemmy.world to c/worldnews@lemmy.ml 13 comments fedilink hide all child comments
[–] jjjalljs@ttrpg.network 25 points 9 months ago (2 children) And the ultra rich would deserve to lose everything permalink fedilink source hideshow 4 child comments replies: [–] Insekticus@aussie.zone 8 points 9 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 5 points 9 months ago (1 child) 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 9 months ago (1 child) Vulture capitalist fund owner. permalink fedilink source parent hideshow 2 child comments replies: [–] altphoto@lemmy.today 2 points 9 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 8 points 9 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 5 points 9 months ago (1 child) 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 9 months ago (1 child) Vulture capitalist fund owner. permalink fedilink source parent hideshow 2 child comments replies: [–] altphoto@lemmy.today 2 points 9 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 9 months ago (1 child) Vulture capitalist fund owner. permalink fedilink source parent hideshow 2 child comments replies: [–] altphoto@lemmy.today 2 points 9 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 9 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