What was the figure? All it would take to end world hunger is 500 billion or something like that? Half one person's weath?
What sort of person has that amount and decides not to end world hunger.
What was the figure? All it would take to end world hunger is 500 billion or something like that? Half one person's weath?
What sort of person has that amount and decides not to end world hunger.
I don't consider him a trillionaire. The stock he holds is of an unprofitable company. If he tried to hold a trillion dollars in his hands by cashing out on the stock, it would plummet, who would buy that at that price without the hype? If he cant hold a trillion dollars in his hands, how can he be a trillionaire? Its purely speculative.
It's like some ancient king claiming to be a trillionaire because a lot of people believe that there's a ton of gold in his kingdom - without good evidence. There's no guarantee he'd be able to mine enough gold to become a trillionaire, so why call him that?
When it comes to leveraged loans for buyouts, it's the same difference.
If you owe the bank $1,000, that's your problem. If you owe investors $1,000B, that's their problem.
One would think that investors are smart enough to know that this is a shell game. I think what we're seeing is that they believe they have won the quiet war of capital vs humanity and are no longer afraid of consequences.
We've all 'bought in' via 401k, HSA plans and other retirement 'vehicles' and they think we can't bite the hand that feeds. Crashing this 'line-go-up' would mean we lose "money" too.
And they may be right... but I think we're rapid approaching a point where that hand no longer feeds, and that hand is quite close to the head. If $1T of this fake money disappeared overnight, the cash in my wallet would become worth a lot more; or we'd switch to trading in bottle caps. The techbros found the infinite money glitch and are printing virtual currency at the cost of real people who will eventually notice and turn on them.
They are even taking away our circuses: My decade-old computer has literally APPRECIATED in value over the last 12 months and the industry that created the products that are being traded right now has completely pivoted away from the consumers that made it. I can't afford to replace the parts I currently have if they fail.
Even people who don't call themselves gamers will feel this squeeze when their current iphone battery degrades, can't be easily replaced, and the new model with no actual value-add beyond battery costs $5k because silicon is all tied up in some useless datacenter no one can afford to access. Oh, and you need a phone to respond to a captcha so you can apply for food stamps, a job, or interact with the chatbot that is gatekeeping whatever else you have to do to survive.
Amazing how in the two years since Trump took office for his second term, his wealth has grown 5x.
He was worth scantly less than 200B back in 2024.
In 2025, he went up to 342B. What is that like 75%?
And how 3x since last year.
Man everyone thought he was crazy for buying twitter. Him, Zuck, Bezos, and Ellison need to be first in line for the guillotines.
Seriously? Is it so hard to conclude that they are not talking about you and I as individuals?
Cmon.
The loose "we" is garbage terminology used to implicate everybody in the crimes of a few.
Who is "we"? Who are they talking about? People here? There's at least three of us who aren't part of that "we". Me, you, and the person above.
Part of the problem is that is really is "we".
I haven't dug in, but I have a 401k, a Roth IRA and a HSA. I don't directly control how those mutual/hedge funds invest, I just get a slice of them. Historically, that's been a good way to be "diverse", a funny word in our current political climate, and be protected from one area or company suddenly failing.
With the spacex and incoming google, anthropic and openai stocks coming at us, I cannot imagine that I won't end up, or already own, a tiny share of these companies. My 401k contribution next month will almost certainly go towards a fractional share of spacex.
I haven't looked recently, because I'm tired, but I doubt I even have an option to choose a non-techbro fund via my retirement operator, who I have to deal with because they are contracted by my employer.
Sure, I could manage my investments myself, but that takes time, energy and money that I'm already spending on my living. I just get the choices of assorted Vanguard funds, all defined by when I hope to retire! It all depends on how much food costs next month at this point. I couldn't even find a way to see the specific stocks my fund was currently holding -- this data is hidden from us plebeians.
If YOU are certain you haven't invested in spacex, the only way is if you manage all your stock market exposure, which puts you in a pretty rare place.
For me, I'm probably holding a tiny amount of spacex now and I hate it and I had no choice. The only other choice is to stuff the cash in my mattress, but even that paper will be worthless when this shit hits the fan.
That's almost 1.3 million per homeless person or 55k for 18 million people to eat
even distributing all his wealth between homeless people or people without food won't really solve anything
No it wouldn't but I'm just putting into perspective how much money that really is. It's disgusting.
i got your point wrong then. but i agree, it is disgusting and i just can't wrap my brain around how much that is
The difference between a billion dollars and a trillion dollars is roughly a trillion dollars...
I remember when the National debt in the US was 7 trillion, and people were talking about it at the time about how enormous that number was, and how people couldn't conceptualize it. Now we have a singular person in our midst who could singlehandedly clear up 14% of that. And our current national debt is like 40 trillion now?
What's funny is that $1,000,000,000,000 is enough to give 18,000,000 families of four $35,000 (slightly above the us poverty live for a family of four), and still have over $350,000,000,000 left.
Edit: maybe funny isn't the right word....
Financial obesity is an existential threat to any society that tolerates it, and needs to cease being celebrated, rewarded, and positioned as an aspirational goal.
Corporations are the only ‘persons’ which should be subjected to capital punishment, but trillionaires should be forced to transition into billionaires, and billionaires should be euthanised through taxation.
The Billionaires have captured the system and the average person has no awareness or care.
Or the fucking millions that just lost healthcare for billionaires to have more tax breaks
What is she referring to when she says “changed the rules?” The rules of basic human decency, or something more concrete?
The ipo rules, they were going to ignore a bunch of rules and just go but I heard they changed their minds and will actually apply the rules so the spacex ipo shouldn't be anytime soon. Same for anthropic and openai.
Edit: I think the s&p500 specifically.
I would assume it refers to lots of things, starting with this:

and then things like the corporate tax rate, capital gains, inheritance, lack of anti trust enforcement, reducing labor protections, deregulations, wide spread wage theft, regulatory capture, etc. etc.
Like , you can say 'what rules? ' and there's no one rule or set of rules that changed to enable a trillionaire, but there have been a plethora of systemic changes to favor those in power over time, and allow for more exploitation and less accountability.
That may or may not be what she's referring to, but it's how I take it.
If you use twitter you are directly to blame. Stop upvoting twitter repost, upvote serious posts that calls out elon musk not memes.
I don't know what this person is on about. "Doing nothing"? In the last year and a half several steps have been taken to make the lives of those 771k and 18mil peoples much worse.
all those times when I said we should just kill him and people kept saying that it would just go to his kids or other people. well now it's way way more.
The world seems to be owned by Musk, and he really REALLY doesn't like poor people. This is the same klepto grifter who suggested a political party for only the middle class.
“I have a hemorrhoid. It’s like an infected blood vessel on your ass. I’m nine years old, and I have a hemorrhoid, Stan. I have a hemorrhoid, and, Cartman has his own theme park.”
Millions are homeless and starving, but hey someone got a trilly!
Monopoly the game was invented to describe literally this
When y'all gonna flip the board
When y’all gonna flip the board
I'd argue that the cratering fertility rates is flipping the board.
And sure enough, ole Musky boy is acting like an entitled crybaby about it too, as if people owe it to him to crank out more.
No, Monopoly was plagiarised from Liz Magie's The Landlord's Game.
The real way to achieve trickle down economics is to keep killing the people at the top until desired wealth distribution.
The billions these monsters are taking in comes from somewhere. The oligarchs are using the middle class for their personal piggy bank, while America self-medicates with cheap beer and reality shows.
While I agree it is a moral failure it also seems like a direct attack on the populace. Did they go to war with the populace and not tell them? Let them make a formal declaration of war against their own citizens then see where all the shit falls. "/s" but not "/s".
I think they're leaving out a whole lot of homeless, there's no way it's only 770K
How can we call him a trillionaire if the wealth is effectively imaginary. If it isnt imaginary l, tax it.
Nothing you can do about it. Don't waste your time complaining, choose to appreciate what you have.
Hoping this is a joke haha
My glass is half full
A guy is given money to build rockets. If he used it to feed the hungry and house the homeless, it would be fraud. His unwillingness to steal isn't a moral failure on his part.
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