• fdnomad@programming.dev
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    1 month ago

    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?

  • JasonDJ@lemmy.zip
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    1 month ago

    Amazing how in the two years since Trump took office for his second term, his wealth has grown 5x.

    Five. Fucking. Times.

    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.

  • archchan@lemmy.ml
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    1 month ago

    The difference between a billion dollars and a trillion dollars is roughly a trillion dollars…

    • nieminen@lemmy.world
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      1 month ago

      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?

  • Billegh@lemmy.world
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    1 month ago

    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…

  • nonentity@sh.itjust.works
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    1 month ago

    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.

  • kgbbot@lemmy.dbzer0.com
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    1 month ago

    Or the fucking millions that just lost healthcare for billionaires to have more tax breaks

  • magnetosphere@fedia.io
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    1 month ago

    What is she referring to when she says “changed the rules?” The rules of basic human decency, or something more concrete?

    • RisingSwell@lemmy.dbzer0.com
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      1 month ago

      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.

    • somebody2152@lemmy.world
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      1 month ago

      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.

  • troglodytis@lemmy.world
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    1 month ago

    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.

    • EndlessNightmare@reddthat.com
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      1 month ago

      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.

  • brachiosaurus@mander.xyz
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    1 month ago

    If you use twitter you are directly to blame. Stop upvoting twitter repost, upvote serious posts that calls out elon musk not memes.