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  1. #81
    Deleted
    Quote Originally Posted by golftrant View Post
    That's a terrible idea in an economy where wealth is flowing to the top.

    It is much easier to start a business catering to the super-rich. They have the money. Quite bad businesses that do this are prospering while businesses that are good but cater to the public are going under.

    You must have seen businesses that look completely pointless and sell apparently worthless crap that somehow survive year after year. It is because of the demographic they appeal to.

    Your approach would be like trying to start a business selling to the homeless.
    No, I mean you first service them and eventually they will buy you out.

    I already profit big time from servicing larger businesses and when the time (and offer) is right, I sell it all.

  2. #82
    Quote Originally Posted by pts99 View Post
    Bill Gates popularised computation for the entire world. That means he definitly deserves his money.
    Now, does he actually need the money? Probably not. But you could also hope that he uses the money to bring the next big thing to the table.
    He's a very prolific philanthropist. He gives a lot of money to charities.
    RETH

  3. #83
    Quote Originally Posted by Sydänyö View Post
    What leaves me baffled isn't that the superrich are draining the planet dry of all wealth, but that people who will never be anywhere near as wealthy keep defending the rich people as if they owe those rich people something, or as if those rich people are somehow better than them. I suppose it's the delusion that "hey, one day I'll be rich, so we better not rock the boat until I get on it as well!"
    Isn't that the American dream? There aren't any poor in America just temporarily embarassed millionaires?...
    Quote Originally Posted by Shalcker View Post
    Posting here is primarily a way to strengthen your own viewpoint against common counter-arguments.

  4. #84
    Quote Originally Posted by Regalia View Post
    Nobody is talking about people wanting to be the 1% all we want are better wages which they're obviously not providing like you suggest.

    Hence the Middle Class is Shrinking in the U.S. and continues to.
    What are you doing to make better wages? There are important details here. It’s SO easy to find a job making 15-20 dollars an hour, and it’s easy to live off of if you’re stable, and especially in a stable relationship, or single and know how to make a budget. Or is this the McDonalds argument where we expect them to get paid as much as early graduate positions?

    And where do you live? Are you upset about low wages in over populated liberal states where housing costs 3-4x what it should be? If that’s the case, why isn’t that the actual topic for discussion, because it’s often the poster child for wages not being high enough, but mostly affects a few cities in a few states. You can’t just make sweeping changes and honestly, if you apply yourself, it’s not hard to get by in most of America. California and Newyork have their own problems, but need to be handled without affecting the rest of the country because a majority of the country is not ran like those two.

  5. #85
    Quote Originally Posted by golftrant View Post
    You can google the term. I am not going to communicate in text messages so everyone understands me. You are not under an obligation to respond if you are out of your depth.
    lmao you skipped the rest of the message. Btw google gave me nothing about your couple hundred year old story. Why would you just act smart on forums?

    - - - Updated - - -

    Quote Originally Posted by golftrant View Post
    That's a terrible idea in an economy where wealth is flowing to the top.

    It is much easier to start a business catering to the super-rich. They have the money. Quite bad businesses that do this are prospering while businesses that are good but cater to the public are going under.

    You must have seen businesses that look completely pointless and sell apparently worthless crap that somehow survive year after year. It is because of the demographic they appeal to.

    Your approach would be like trying to start a business selling to the homeless.
    You do realise rich people use the same services that normal people? They actually did research on this and people who earn more than 150k year use more coupons than the people who earned less. They also spend only 10% more on food and other normal consumables than the people with less income. So did you just make this account ot hide some bitter forum profile behind these messages?

  6. #86
    Quote Originally Posted by NineSpine View Post
    Top 1% is equivalent to about $32,000 per year in US currency, because of the huge number of extremely poor people in the world.
    I very much doubt that. 1% is 76 million people. There are most definitely more than 76 million people making above 32k per year. Infact, there might be more in just western countries, without even including oil paradises and wealthy elsewhere.
    Quote Originally Posted by Jtbrig7390 View Post
    True, I was just bored and tired but you are correct.

    Last edited by Thwart; Today at 05:21 PM. Reason: Infracted for flaming
    Quote Originally Posted by epigramx View Post
    millennials were the kids of the 9/11 survivors.

  7. #87
    Quote Originally Posted by pts99 View Post
    Bill Gates popularised computation for the entire world. That means he definitly deserves his money.
    Now, does he actually need the money? Probably not. But you could also hope that he uses the money to bring the next big thing to the table.
    Bill Gates is also giving most of his money away, precisely because there are better uses for it.

  8. #88
    Quote Originally Posted by golftrant View Post
    You can google the term. I am not going to communicate in text messages so everyone understands me. You are not under an obligation to respond if you are out of your depth.
    Ok so I actually found out what that whole dog whistle thing and it had nothing to do with this. How stupid are you?

  9. #89
    Quote Originally Posted by Linadra View Post
    I very much doubt that. 1% is 76 million people. There are most definitely more than 76 million people making above 32k per year. Infact, there might be more in just western countries, without even including oil paradises and wealthy elsewhere.
    You are aware that average wage isn't the same as median wage? (I really hope I used those words right )
    Quote Originally Posted by Shalcker View Post
    Posting here is primarily a way to strengthen your own viewpoint against common counter-arguments.

  10. #90
    The Unstoppable Force Ghostpanther's Avatar
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    Quote Originally Posted by TheBeardedOne View Post
    You do understand a lot of posters here are part of that 1% purely based on where we live.
    That is a good point! The great majority of those in the US are far richer than most other people in the world.

  11. #91
    Quote Originally Posted by HardlyWaken View Post
    What are you doing to make better wages? There are important details here. It’s SO easy to find a job making 15-20 dollars an hour, and it’s easy to live off of if you’re stable, and especially in a stable relationship, or single and know how to make a budget. Or is this the McDonalds argument where we expect them to get paid as much as early graduate positions?
    Do those 15-20 dollar an hour jobs offer Healthcare?

    Even Early Graduate positions don't offer Healthcare and sometimes less then 15-20.

    And where do you live? Are you upset about low wages in over populated liberal states where housing costs 3-4x what it should be? If that’s the case, why isn’t that the actual topic for discussion, because it’s often the poster child for wages not being high enough, but mostly affects a few cities in a few states. You can’t just make sweeping changes and honestly, if you apply yourself, it’s not hard to get by in most of America. California and Newyork have their own problems, but need to be handled without affecting the rest of the country because a majority of the country is not ran like those two.
    Sorry but that is not true, a lot of people are stuck with Low Wage jobs because (they didn't get the proper education, messed up and plenty of other issues including health.) If you apply yourself, you'll be lucky if you make it even in the most die hard Red States especially if you don't have the proper education or money.

    Did you forget all the instances when Big Companies like Walmart killed off all the small businesses in small towns in Red States?

    Just because the Cost of Living is different in each state doesn't excuse the fact that there is a huge Middle Class issue as well as Lower Class. You're completely excusing this Issue by saying

    "Most people are poor" Because they're lazy. You assume everybody has the same Intelligence as others and are able to make it.
    Last edited by Regalia; 2018-01-23 at 01:48 PM.

  12. #92
    Quote Originally Posted by HardlyWaken View Post
    What are you doing to make better wages? There are important details here. It’s SO easy to find a job making 15-20 dollars an hour, and it’s easy to live off of if you’re stable, and especially in a stable relationship, or single and know how to make a budget. Or is this the McDonalds argument where we expect them to get paid as much as early graduate positions?

    And where do you live? Are you upset about low wages in over populated liberal states where housing costs 3-4x what it should be? If that’s the case, why isn’t that the actual topic for discussion, because it’s often the poster child for wages not being high enough, but mostly affects a few cities in a few states. You can’t just make sweeping changes and honestly, if you apply yourself, it’s not hard to get by in most of America. California and Newyork have their own problems, but need to be handled without affecting the rest of the country because a majority of the country is not ran like those two.
    That's the big thing concerning blanket statements concerning wages in the US (or even in general): it's a state-by-state basis. Making $10/hr in California is not the same as making $10/hr in Alabama, as cost of living varies greatly between states. Where I live, I'm considered poor because of how expensive my state is (very liberal state btw), but I'm making ends meet still. I'd be living much more comfortably in another state that had lower taxes all and lower cost of living with the same income, but my wife doesn't want to move due to family. That being said, even if you're considered poor in the US, you'll likely still be doing much better than the rest of the world on average.

    The entire conversation about the 1% not deserving the wealth they've obtain is mind boggling in itself, at least as far as the complaints go. Doesn't matter if they deserve the money or not, as long as they acquired it legally. At most, morality judgements can be made concerning the means of wealth acquisition, not on the wealth itself. Even then, there's not much of a case unless, as stated earlier, the wealth was obtained illegally since morality is generally a personal matter and varies with every individual.

    My message to anyone complaining about the wealth of the 1%: stop worrying about other people's money and worry about yourself. If you feel like you need to complain on behalf of those less fortunate than you, you can do so much more to help those less fortunate besides caterwauling about the 1%. Unless it's your job, as I frequently see postings on local job postings and Craigslist for paid protestors (many come with benefits and travel reimbursement)... then go nuts.

  13. #93
    Quote Originally Posted by exochaft View Post
    My message to anyone complaining about the wealth of the 1%: stop worrying about other people's money and worry about yourself.
    You should never do that.

  14. #94
    The Lightbringer bladeXcrasher's Avatar
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    I like how this went from a global 1% which includes everyone making $32,400usd, to people arguing like this was anything else.

  15. #95
    Quote Originally Posted by AeneasBK View Post
    You are aware that average wage isn't the same as median wage? (I really hope I used those words right )
    My point is, that 32k per year cannot be in 1% of the rich, if there's more than 76 million individuals who make above 32k per year. I can guarantee you there's more than that.

    Some googling says that in America only, there's more than 61 million workers above 40k per year wage. What about the missing 15 million workers above 32k? More than likely the ones in 32-40k range, but if not, you'll probably find the rest needed in just UK or Germany, and there we're over the cap in just 2 countries, not including any of the rest.
    Last edited by Azadina; 2018-01-23 at 02:00 PM.
    Quote Originally Posted by Jtbrig7390 View Post
    True, I was just bored and tired but you are correct.

    Last edited by Thwart; Today at 05:21 PM. Reason: Infracted for flaming
    Quote Originally Posted by epigramx View Post
    millennials were the kids of the 9/11 survivors.

  16. #96
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    Quote Originally Posted by WskyDK View Post
    Sadly, a lot of people who don't have the new iPhone X 3 days after it came out, because they had to pay their bills, forget that they have such an insanely high living standard compared to the rest of the world, but its not good enough.

  17. #97
    Deleted
    As someone who has massively benefited from this -- and told you last year how to benefit from it too -- I can simply say:

    Yes, this all happened by design. Governments and companies purposefully made the rich massively richer in the last 10 years. This will continue. Expect the next few years to hit >90% owned by the 1%.

    You see, after the financial crisis, central banks began an unprecedented bond buying program with a view to keep interest rates low, pretending that this would spur borrowing and thus investment and thus growth and thus employment and thus wages.

    Of course, central bankers knew it would really inflate the price of assets like stocks and bonds, which the rich (like me, and them) own.

    The last 10 years have been amazingly profitable, and before you complain about omgTrump!, it was Obama and the Fed who started this, along with Kuroda/Draghi/etc.

    Trump has recently exacerbated the trend by adding tax cuts and financial deregulation, so expect >90% in the next few years.

    The best part about this? Moron voters (like you) are too busy arguing about gender and race and Trump and X-factor to understand or care.

    So stop complaining, stop being a loser feminist SJW, and join the winning side (the Trump side) and get richer and happier.
    Last edited by mmoca8403991fd; 2018-01-23 at 02:09 PM.

  18. #98
    Deleted
    Quote Originally Posted by Corroc View Post
    You do realise rich people use the same services that normal people? They actually did research on this and people who earn more than 150k year use more coupons than the people who earned less. They also spend only 10% more on food and other normal consumables than the people with less income. So did you just make this account ot hide some bitter forum profile behind these messages?
    *SIGH*. As if it weren't obvious businesses aimed at rich people are generally big-ticket items. Rich people may buy groceries like everyone else but that does not make the grocer a purveyor of luxury items.

    Currently it is easier to run a businesses selling primarily to the rich. The "offer value and make money" argument the other poster was pushing is about 40 years out of date. It is all about selling crap to people with more money than sense.

  19. #99
    Deleted
    Communism and Socialism is total bullshit, it doesn't matter in which system you live, it's all about exploiting the majority for the greater good of a minority.

  20. #100
    Deleted
    Quote Originally Posted by Xarim View Post
    As someone who has massively benefited from this -- and told you last year how to benefit from it too -- I can simply say:

    Yes, this all happened by design. Governments and companies purposefully made the rich massively richer in the last 10 years. This will continue. Expect the next few years to hit >90% owned by the 1%.

    You see, after the financial crisis, central banks began an unprecedented bond buying program with a view to keep interest rates low, pretending that this would spur borrowing and thus investment and thus growth and thus employment and thus wages.

    Of course, central bankers knew it woudl really inflate the price of assets like stocks and bonds, which the rich own.

    The last 10 years have been amazingly profitable, and before you complain, yes it was Obama and the Fed who started this, along with Kuroda/Draghi/etc.

    Trump has exacerbated the trend by adding tax cuts and financial deregulation, so expect a few more years of increasing profits and increasing returns to the wealthy.

    The best part about this? Moron voters are too busy arguing about gender and race and Trump and X-factor to understand or care.

    So stop complaining, stop being a loser feminist SJW, and join the winning side (the Trump side) and get richer and happier.
    I actually agree with most of this, apart from the last part. The financial elite is a pretty much closed circle now, you are very unlikely to get in. Social mobility is decreasing with the rise of the super-rich.

    Also, it does seem inevitable that at some stage people will get pissed off enough that they start murdering rich people. That's generally what happened in the past to political elites that got too greedy.

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