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[–] 78 points 5 months ago (12 children)

Elon musk would be in jail and broke by now if the SEC could do its job

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  • [–] 33 points 5 months ago (9 children)

    But that would hurt the earnings of the mega wealthy, clearly can never be allowed to happen.

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  • [–] 7 points 5 months ago (8 children)

    Idk we’ll see what happens when the rich people start eating themselves. I’m actually excited for this stage of capitalism.

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  • [–] 3 points 5 months ago (7 children)

    May be something like Russia after the fall of communism or like Mexico with all its cartels and private armies?

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  • [–] 1 point 5 months ago (5 children)

    Ah yes famously wealthy countries, the Soviet Union and Mexico, who went to hell when they stopped catering to the ultra-rich....

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  • [–] 2 points 5 months ago* (last edited 5 months ago) (3 children)

    Actually, Russia has vast natural resources, but much of the wealth is concentrated in the hands of oligarchs. The post-communist period in Russia was marked by violent power struggles between oligarchs, often involving private militias or hired hitmen targeting rival businessmen. Perhaps it just wasn’t as visible in the US.

    BTW, do not forget that most rich men in the US (Elon, Mark, Jeff) are rich on paper (stock market, company shares), while Russian millionaires have real physical control over resources or industries (eg Vladimir Potanin - rare earth elements, Vagit Alekperov - oil, Leonid Mikhelson - gas).

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  • [–] 1 point 5 months ago (2 children)

    And there were more oligarchs in 1994 then there were in 2004 because they killed each other ❤️

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  • [–] 2 points 5 months ago (1 child)

    The father of a classmate supposedly did business in Russia during the 1990s and, according to my classmate, witnessed an execution beneath a bridge somewhere in Moscow late in the evening. I don't remember a name of the bridge, and I can't verify whether the story was true. However, he was completely serious when telling it, and I do remember hearing media reports about organized crime killings and similar incidents in Russia during the chaotic post-Soviet years. So while I can't confirm this particular story, it doesn't sound impossible for that period.

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  • [–] 1 point 5 months ago

    Brother, the rich people in the USSR were literally throwing each other out of windows, and killing each other to consolidate wealth. Same with the Mexican cartels. They had to kill all the other oligarchs to become the real oligarchs. Please learn your history before you get sassy with random comments. You’re like a child walking into the middle of a movie.

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  • [–] 10 points 5 months ago

    Or the FBI (public emails where he begged Epstein to let him into the parties; also the election interference), or the FTC, or the EPA (Tesla plants piping battery waste into water supplies)...the list goes on

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