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I mean, the whole world is becoming increasingly 'top heavy', with economic growth going primarily to those who own stock. Just owning successful companies isn'
by m12k 6y ago
I mean, the whole world is becoming increasingly 'top heavy', with economic growth going primarily to those who own stock. Just owning successful companies isn't more difficult than pumping money out of the ground - neither requires much nation building. And Saudi Arabian royalty has already been out for years investing in Silicon Valley - I think they're content to jump on the wagon of companies that are already successfully extracting money from the western middle class, rather than try to build up a middle class and well-functioning society of their own.