Hello There, Guest! (LoginRegister)

Post Reply 
Where are the wealthy?
Author Message
bullet Offline
Legend
*

Posts: 66,301
Joined: Apr 2012
Reputation: 3285
I Root For: Texas, UK, UGA
Location:
Post: #1
Where are the wealthy?
Title of the article, about social mobility, is a little misleading. Its primarily an interesting read on where the wealthy made their money and where they are located, as well as the changes over time.

http://www.thedailybeast.com/articles/20...risis.html
04-03-2016 04:35 PM
Find all posts by this user Quote this message in a reply
Advertisement


stinkfist Offline
nuts zongo's in the house
*

Posts: 68,384
Joined: Nov 2011
Reputation: 6862
I Root For: Mustard Buzzards
Location: who knows?
Post: #2
RE: Where are the wealthy?
so, basically the gist is central banking, shipping jobs overseas, tech, coupled with a population increase has created a gap in wealth never seen before

who'd a thunk it...."robber barons".....that one always made me laugh...we've been an oligarchy since the industrial revolution

the bottom line is we built shite and it's falling apart and this country is transitioning to non sustainability.....the virtual creation of business will collapse when the ground can no longer be traversed and the water supply becomes a problem as the sun sets

what is happening is much larger than the bs smarty pants understands....it's a simple numbers game that is falling apart

oh wellzy, I'll be dead.....
(This post was last modified: 04-04-2016 04:23 AM by stinkfist.)
04-04-2016 04:22 AM
Find all posts by this user Quote this message in a reply
bullet Offline
Legend
*

Posts: 66,301
Joined: Apr 2012
Reputation: 3285
I Root For: Texas, UK, UGA
Location:
Post: #3
RE: Where are the wealthy?
(04-04-2016 04:22 AM)stinkfist Wrote:  so, basically the gist is central banking, shipping jobs overseas, tech, coupled with a population increase has created a gap in wealth never seen before

who'd a thunk it...."robber barons".....that one always made me laugh...we've been an oligarchy since the industrial revolution

the bottom line is we built shite and it's falling apart and this country is transitioning to non sustainability.....the virtual creation of business will collapse when the ground can no longer be traversed and the water supply becomes a problem as the sun sets

what is happening is much larger than the bs smarty pants understands....it's a simple numbers game that is falling apart

oh wellzy, I'll be dead.....

And the robber barons are now Democratic Wall St. and Silicon Valley types. I was surprised to see (not in this article) that most readers of WSJ are Democrats.
04-04-2016 08:53 AM
Find all posts by this user Quote this message in a reply
stinkfist Offline
nuts zongo's in the house
*

Posts: 68,384
Joined: Nov 2011
Reputation: 6862
I Root For: Mustard Buzzards
Location: who knows?
Post: #4
RE: Where are the wealthy?
(04-04-2016 08:53 AM)bullet Wrote:  
(04-04-2016 04:22 AM)stinkfist Wrote:  so, basically the gist is central banking, shipping jobs overseas, tech, coupled with a population increase has created a gap in wealth never seen before

who'd a thunk it...."robber barons".....that one always made me laugh...we've been an oligarchy since the industrial revolution

the bottom line is we built shite and it's falling apart and this country is transitioning to non sustainability.....the virtual creation of business will collapse when the ground can no longer be traversed and the water supply becomes a problem as the sun sets

what is happening is much larger than the bs smarty pants understands....it's a simple numbers game that is falling apart

oh wellzy, I'll be dead.....

And the robber barons are now Democratic Wall St. and Silicon Valley types. I was surprised to see (not in this article) that most readers of WSJ are Democrats.

it's ironical how some represent....not surprising however (IMO)
(This post was last modified: 04-04-2016 09:16 AM by stinkfist.)
04-04-2016 09:16 AM
Find all posts by this user Quote this message in a reply
Advertisement


ark30inf Offline
Hall of Famer
*

Posts: 11,639
Joined: Oct 2007
Reputation: 588
I Root For: Arkansas State
Location:
Post: #5
RE: Where are the wealthy?
I have no problem with the wealthy who made money creating new products and services or creating new efficiencies.

My problem is with people who made their money taking our 401K money and gambled with it in the Wall Street casino using means of questionable fairness.

(I'm not talking about venture capital)
04-04-2016 09:17 AM
Find all posts by this user Quote this message in a reply
VA49er Offline
Legend
*

Posts: 29,000
Joined: Dec 2004
Reputation: 952
I Root For: Charlotte
Location:
Post: #6
RE: Where are the wealthy?
Check out the Panama Papers.
04-04-2016 09:33 AM
Find all posts by this user Quote this message in a reply
stinkfist Offline
nuts zongo's in the house
*

Posts: 68,384
Joined: Nov 2011
Reputation: 6862
I Root For: Mustard Buzzards
Location: who knows?
Post: #7
RE: Where are the wealthy?
(04-04-2016 09:17 AM)ark30inf Wrote:  I have no problem with the wealthy who made money creating new products and services or creating new efficiencies.

My problem is with people who made their money taking our 401K money and gambled with it in the Wall Street casino using means of questionable fairness.

(I'm not talking about venture capital)

as one shouldn't....in this equation, one has become too many think they should

one can also toss in that pumping into the 401k/roth and that increase promotes that style of corruption....
04-04-2016 10:02 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.