• wewbull@feddit.uk
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    10 hours ago

    0.01% percenters maybe.

    1% in the US is about ½ million annual income. A lot of money to be sure but common enough that you’re not anything exceptional. You’ll never worry about money, but you’re still working a job and you’re still fucked if you lose it. You’re still incapable of solving world hunger. Maybe you could sort out a neighbourhood hunger problem.

    1% globally is about $50,000 income annually. Now you’re really amongst the working population in the US. They’re not absorbing any blows.

    • explodicle@sh.itjust.works
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      5 hours ago

      ½ million annual income

      That’s FatFIRE territory. They can already handle losing their jobs (thus FI) and can easily take advantage of bargain prices.