Redistribute the billionaires wealth.... How retards think it will play out: "everyone gets money and will be rich! " Reality: few people will get anything. Even if everyone did, 10 billion by 330 million people is 30$ each.
estimates of "dark money" on the planet are around 260 trillion i read somewhere once
don't know if it's an exact figure as i'm going off memory, but it was a triple digit trillion for sure...not entirely unfeasable to think that might help, like say, with the debt?
A bigger issue than scale is the fact that a lot of the wealth is illiquid and doesn't correlate closely with earnings and most companies with billion dollar valuations are sitting at 30x market cap price what their actual earnings are. So you go to redistribute the 150 billion dollar market cap of a fictional fast food company only to find 25 billion of that is locked up in real estate. Then you look and their total balance sheet is 30 billion with 23 billion in debt. They only have a couple of billion cash on hand and make maybe half that in a year. So you stop operations of a business valued over one hundred billion dollars just to maybe get the 10 billion you mentioned, so everyone gets $30 but couldn't buy a kids meal if they wanted to.
Why would the farmer give up his land, his equipment, his years and years of tilling and back-breaking labor? Why would the tailor give up his? Why would you?
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