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Billionaires are transnational; they can live wherever they want. The only thing tying them to a particular country is that country's restrictions on their cap
by SantalBlush 2y ago
Billionaires are transnational; they can live wherever they want. The only thing tying them to a particular country is that country's restrictions on their capital flows. They don't really care if it's a liberal democracy or not, they just want the lowest taxes and free movement of capital. If an area becomes undesirable to live in, they'll move somewhere else.
- analog31 2y agoBut there needs to be a somewhere else, i.e., they still depend on the liberal democracies for any quality of life above bare subsistence. While they point the finger at those democracies for being decadent and corrupt. They needed to maintain the claim that democracy should be destroyed, in order to prop up their ideologies, without actually going ahead and destroying it. Oops.