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The rich pay enough in this country. The middle class is enslaved for the bottom 10%, not the top 1%.
by peterspath 1y ago
The rich pay enough in this country. The middle class is enslaved for the bottom 10%, not the top 1%.
- __turbobrew__ 1y agoThis situation has played out in every developed nation, do you really think NL is unique? Look at any country in Europe, USA, Canada, Australia, Hong Kong, China, … and they all have a huge issue with inflated asset prices (housing, stocks, gold) because wealth is becoming more concentrated and rich people need to park their wealth somewhere, and that somewhere is gold, stocks, real estate, bonds, and mortgages. Also notice that asset prices started increasing across the world way before we had green energy policies. I live in a place where they canceled a bunch of green energy policies (mainly carbon taxes) and guess what happened to asset prices? Nothing. Also note that the top 10% of wealthy people own over 50% of the wealth in NL https://www.cbs.nl/en-gb/news/2025/03/56-percent-of-wealth-in-the-hands-of-10-percent-of-households https://www.cbs.nl/en-gb/news/2025/03/56-percent-of-wealth-i... If you don’t feel like reading Piketty I would recommend watching this short video which shares a bunch of views with Piketty: https://youtu.be/BTlUyS-T-_4?si=6Lms-8pJTcJm7k7e https://youtu.be/BTlUyS-T-_4?si=6Lms-8pJTcJm7k7e
- peterspath 1y agoAny specific book of him you recommend? I love to read, so will definitely add it to my to read book. I recently read Thomas Sowell's book called Economic Facts and Fallacies which I can recommend.
- __turbobrew__ 1y agoCapital in the Twenty-First Century