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Chinese president vows to 'adjust excessive incomes' of super rich
- baybal2 5y agoThe bell has rung for China's rich. The man has crossed the rubicon. From now on, expect it to get only worse.
- bongoman37 5y agoI don't remember where I read it, but it said the major difference between Russia and US was that in US there is a super-rich class whereas in Russia there was a super-powerful class. The super powerful class was not subject to everyday rules for the plebs and was largely above the law. A few crossovers existed but the super powerful do not like the super rich as a matter of course. It seems China is going down the same path. Large amounts of wealth confers a power of its own and the makes the powerful anxious and they are looking to cut it down to size.