4 ms·

We have plenty of food and tv to watch and our phones to look at. Complacency is so high. Someone that is hungry and bored finds taking to the streets for a r

We have plenty of food and tv to watch and our phones to look at. Complacency is so high. Someone that is hungry and bored finds taking to the streets for a riot compelling because they have nothing to lose. I find this complacency we have bizarre because the average working poor person seems pretty miserable looking at their phone and eating fast food. The Panama Papers could offer clues for why they work so hard and never seem to have a single penny at the end of each month after the bills are paid. But the Big Mac and the Juul Pod and their Facebook feed makes them too tired right now to care…there’s a new show on Netflix a friend told them about and maybe that will make them happy for a few hours.

gdubya 5y ago
"it ain't great, but it could be a lot worse..."
lillecarl 5y ago
One thing I'm curious about is if billionaire money is actually worth the same as our money, it seems like a sink. Once enough money is in the same place, moving it causes impacts that could devalue it. I mean you can buy cool boats(ships) and never lift a finger again in your life, but it's not actually usable on the scale we think right?
- reedjosh 5y ago
  That's what charitable foundations/trusts are about.
- Igelau 5y ago
  That's why you move it in weird ways. Like fine art and crypto.
- sjtindell 5y ago
  It definitely is. Jho Lo is a great example of this. He burned through billions, with a capital B, in only a few years time. Boats, houses, financing film projects (The Wolf of Wall Street, you can’t make this up), gambling millions of dollars at a time on single hands of blackjack. A member of his entourage abandoned the life because he couldn’t emotionally handle watching Lo spend more on bottle service at the clubs in a single night than his entire extended family would ever earn in their lives. I think most rich people are just relatively staid in their spending, despite the multi million dollar homes and all that.

gdubya 5y ago

"it ain't great, but it could be a lot worse..."

lillecarl 5y ago

One thing I'm curious about is if billionaire money is actually worth the same as our money, it seems like a sink. Once enough money is in the same place, moving it causes impacts that could devalue it. I mean you can buy cool boats(ships) and never lift a finger again in your life, but it's not actually usable on the scale we think right?

reedjosh 5y ago
That's what charitable foundations/trusts are about.
Igelau 5y ago
That's why you move it in weird ways. Like fine art and crypto.
sjtindell 5y ago
It definitely is. Jho Lo is a great example of this. He burned through billions, with a capital B, in only a few years time. Boats, houses, financing film projects (The Wolf of Wall Street, you can’t make this up), gambling millions of dollars at a time on single hands of blackjack. A member of his entourage abandoned the life because he couldn’t emotionally handle watching Lo spend more on bottle service at the clubs in a single night than his entire extended family would ever earn in their lives. I think most rich people are just relatively staid in their spending, despite the multi million dollar homes and all that.