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Your criticism is that there isn't a foul-proof way for the rich to stay rich forever? Of course there are going to be major hurdles during total war and extre
by vtlynch 10y ago
Your criticism is that there isn't a foul-proof way for the rich to stay rich forever?
Of course there are going to be major hurdles during total war and extreme regime change. That would be obvious to anyone who wasn't being disingenuous or thick-headed, or both.
Those circumstances have nothing to do with this discussion as its not a realistic threat for billionaires of today, especially in America.
The 2007-2010 crisis did not impact the billionaires. They are still billionaires.
- bungle 10y agoCrisis are good for billionaires. That's when they get to buy the assets cheap.
- rsync 10y ago"Your criticism is that there isn't a foul-proof way for the rich to stay rich forever?" The parent claimed that "the rich" have foolproof recipes to stay rich forever - they just need smart portfolio management. So yes, my criticism is that that is false.