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You make some cash but you're not a billionaire. There is a structural difference where some gain money even when everyone else is losing (not after everyone el
by notechback 6y ago
You make some cash but you're not a billionaire. There is a structural difference where some gain money even when everyone else is losing (not after everyone else has lost like in your case!).
There's no issue with some people being richer than others, but having some with hundreds of billions in the bank (constantly growing) while the companies they own fire people and pay poverty wages to those that they do employ is pretty insane. We're not in the middle ages where a lord treats their serfs as they like and if some starve that's fine.
There is a process where the rich constantly scratch the profits off the economy. When it goes well they profit. When it goes badly they profit and ask the government (aka tax payers, aka middle and lower class and small companies that don't register in the Bahamas to avoid taxes) to bail out the struggling companies out of which they have drawn billions in the previous years.
It is absurd and obscene.