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But aren't most of those "real" assets intangible too? Share and bond wealth relies on the existence of a functional government who is willing to honour your p
by hakfoo 6y ago
But aren't most of those "real" assets intangible too?
Share and bond wealth relies on the existence of a functional government who is willing to honour your property rights.
The fact you nominally own 25% of Amazon.com means very little if the server farms have been cut off, the employees have abandoned their posts and the warehouses have been ransacked and plundered