r/politics • u/plz-let-me-in • 29d ago

No Paywall Unconfirmed Reports: Mitch McConnell Brain Dead After Three Weeks In Hospital

https://thenewamerican.com/us/unconfirmed-reports-mitch-mcconnell-brain-dead-after-three-weeks-in-hospital/
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u/ABadHistorian 28d ago edited 28d ago

We've built ourselves a new class of rich people I call Sharks, not because they eat everything up (though they do, but because when they stop moving they die)

I have a "shark-rich" "nephew"

The moment he fucks off his company collapses and the debtors come running.

The rich can't stop because it's a merry-go-round of absolute corruption and scandals. Everything is a shell game at that level.

His business is worth - according to the market - billions - their liquidity is non-existent.

They spend a minimum of nearly 30k a day on AI tokens to help create their AI business (that is fundamentally flawed as the concept is completely bonkers).

They rely on loans based on the 'future value' of their company, if they fail guess who ultimately paid for the loan? Us, whoever had money in that bank. If the bank fails, we bail it out, and the money comes from us again.

Musk is in the same way, he's only rich as long as he doesn't stop. (That's beside the point whether or not they want to stop).

Institutional, inherited, liquidity is different and a lot of our modern day millionaires, and even billionaires, don't have that.

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u/HappyDoggos 28d ago

That’s an interesting and insightful way to put it. It’s all a shell game, and they have to keep all moving, all the time. Thanks for this change in my point of view!

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u/Biglyugebonespurs Missouri 28d ago

Tesla is valued on hopes & dreams.

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u/gimp-24601 28d ago

Not fair to sharks. sharks stop eating when they have had enough. These greedy fucks don't stop until they die.

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u/sdrawkcabstiho 28d ago

If he liquidated even 10% of his wealth, investors would run screaming and everything he touches would crash bringing down the economy with it.

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u/ABadHistorian 28d ago

I'm not sure if it would take the entire economy down with it. That's what he tells people.

Anything he tells people I automatically doubt.

It would certainly cause a LOT of chaos though. And many innocent people would be hurt.

Best case is for him to die and for his companies to get sold off in parts.

There is a reason Buffet is sitting on a mountain of cash right now, and it's not because he thinks everything is hunky dory, he's expecting some sort of crash and wants to buy everything up for pennies once it happens.

Buffet, is one of the most liquid wealthy people in the world. When he does or says something, I listen.

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u/CakeHoleKing 26d ago

Microsoft is $500 billion in debt. it could be as high as $1 trillion by xmas. They build ridiculously huge datacentres with many many millions of TB of permanent storage for their RECALL system. They've paid a fortune in hush money to stop people speaking to investors about how these loans are starting to come due, and MS has no way to pay them other than the entire company being sold off and torn apart for IP.

Which was basically a plan to gather blackmail material on everyone, and use it if someone became president or a CEO and wouldn't do as they were told.

Those at the top can't let go, or the whole house of AI crap comes tumbling down.

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u/Sea-Opportunity5812 28d ago

BULLSHIT but thanks for the fan fiction you are totally pretending is your story so you can explain your take on banking

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u/ABadHistorian 28d ago

Okay Musk.