How is he redistributing wealth exactly? I’ll tell you how: all the poors will panic sell their shares now (you can see loads of comments to sell on Lemmy), the rich will bulk buy them at discount, wait for a few years and will cash out record high dividends increasing the wealth gap much further.
The economical ignorance of a typical Lemmy user is just mind blowing… I mean, do you people have any school level education at least?
What kind of pension is panic selling tesla stock?
401ks and pensions are in passive safe funds that aren’t usually being actively managed. If they are they are looking at the long term and will hold unless there’s some sort of economic collapse happening.
This way of thinking is sadly not. Look at other comments, lemmings think that these billionaires have lost something, lol. They don’t realise that wealth is not money and literally nothing has changed in the lives of Zuck and Musk.
Henry Ford was also bothered when he got sued for anti-Semitism, yet he walked away still rich and his company still dominates US car market. I mean, the longer you live in a delusion the poorer you’ll end up. You do you, I’m just trying to warn you.
How is he redistributing wealth exactly? I’ll tell you how: all the poors will panic sell their shares now (you can see loads of comments to sell on Lemmy), the rich will bulk buy them at discount, wait for a few years and will cash out record high dividends increasing the wealth gap much further.
The economical ignorance of a typical Lemmy user is just mind blowing… I mean, do you people have any school level education at least?
Poor people don’t have shares lol what are you talking about?
Of course they do. Even if not directly but by proxy through a pension. Pretty much everyone has investments. Are you 15 years old or something?
What kind of pension is panic selling tesla stock?
401ks and pensions are in passive safe funds that aren’t usually being actively managed. If they are they are looking at the long term and will hold unless there’s some sort of economic collapse happening.
Fewer than 13 million USAmericans have pensions. In fact, nearly half have no retirement plan at all.
That’s what being poor actually means. Did you grow up rich or something?
No, I grew up and still live in a civilised country where every working human has a pension.
You know it was probably a joke, right?
This way of thinking is sadly not. Look at other comments, lemmings think that these billionaires have lost something, lol. They don’t realise that wealth is not money and literally nothing has changed in the lives of Zuck and Musk.
Did you not see that pathetic display at the whitehouse yesterday. It’s definitely bothering Elon
Henry Ford was also bothered when he got sued for anti-Semitism, yet he walked away still rich and his company still dominates US car market. I mean, the longer you live in a delusion the poorer you’ll end up. You do you, I’m just trying to warn you.