this post was submitted on 30 Oct 2024
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United States | News & Politics

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[–] Yawweee877h444 18 points 3 weeks ago (1 children)

I'd argue, since we are an empire and the world's super power both militarily and economically, we shouldn't have any billionaires or even hundred millionaires while people are dying of starvation/malnutrition anywhere in the world.

[–] ThePyroPython 11 points 3 weeks ago (2 children)

I hate to break it to you, but as a resident of the former military and economic superpower, having a super wealthy elite class and a dirt-poor underclass is a feature of being said superpower.

A well-fed and housed underclass has no need to volunteer for a large enough military force to be present anywhere in the world within, these days, 48 hours.

And your elite hoarding the wealth in assets they trade and speculate on the stock exchanges gravitates more money into said exchanges from across the world. Without their capital invested in said markets they'd merely be competing with other markets around the world not dominating them.

My advice, enjoy your empire whilst you still have it and do what you can reasonably do to financially prepare for when it starts to dwindle.

[–] ZMoney 2 points 3 weeks ago

You forgot about using said military to destabilize the rest of the world and force migration to the metropole to replace your workforce

[–] [email protected] 1 points 3 weeks ago

If the US ever collapses there are no financial plans that will help. The entire global economy will be gone.