The reason anyone gets insanely rich is almost always because of the stock market. It certainly how @elonmusk did.
And the reason they get rich from the stock market, is because 150m Americans decided they wanted to own shares of stocks directly, or through their retirement plans, or through other approaches as a way of building their net worth and trying to create a better life for themselves.
One Hundred Fifty Million Americans. About 60% of adults.
Effectively believing that @elonmusk and many billionaires could make them wealthier and help them achieve a better life.
If you want @elonmusk , and most billionaires to no longer be that rich, convince those 150m to sell their stocks, funds, ETFs whatever.
Of course you would wipe out the net-worth of most of those people, and everyone else’s savings, as the markets crashed and brought down the economy and created the worst depression we have ever seen.
Alternatively
There are ways to improve healthcare access and eventually make it available to all.
To start -
If you want @elonmusk and all billionaires to improve healthcare for everyone , ask them to stop doing business with the enormous healthcare conglomerates and to work directly with transparently priced care providers.
It’s the behemoth HC conglomerates that make HC so bad for so many. (Check my timeline for more detail)
Removing them would push the cost of healthcare down for everyone. Their corporate decisions impact our healthcare cost and availability.
Of course if they do that, not only would our HC costs go down , and the quality of care for their employees and the entire country go up
But
They would see their corporate cash flow increase dramatically and we would have more millionaires, billionaires and maybe even another trillionaire when that cash flow moved from the big health care conglomerates to their bottom line, so would the net worth of the 150 million American adults that own public stocks
Capitalism is better than socialism because 150m Americans can influence exactly what happens in this country.
@leevalueroach Other side of that same coin is that unless there is something that allows those big funds to eventually get in then you won’t have the demand flows to see much appreciation.
As an investor (and a human generally) I can’t stress how important it is to understand that well financed, often foreign enemies are trying to influence public perception on a range of topics from AI to Capitalism. They also sow discontent around social issues and have largely created what some have observed as the woke mind virus. If there’s one thing we should and are failing at is teaching our children to think critically, a difficult task since many of their teachers aren’t capable themselves. It’s a bummer but as parents we also have to teach our kids to see the opinions of their school teachers and college professors with the same skeptical eye.
@shaunmmaguire@spencerpratt This is the problem w/ CA. The culture that’s been created is embarrassment about capitalism and common sense…now problems are too big to ignore. Just a subtle reminder that residents allowed this to happen. Glad you’re changing - but don’t forget why CA is here
@staysaasy Preach. @amazon@amex@Delta can botch their core business so bad that I legit can’t figure out if it’s incompetence or grift. The second I raise my voice some employee acts like all of a sudden I’m unreasonable. But it’s fine you’ve wasted an absurd amount of my time
Somehow @AmericanExpress went from being my fav company (I’m talking number 1 spot) to bottom 3 over the course of 2 months. Like most grudges, I’ll prob harbor this one for at least 30 years.
If the American Empire falls... and I want you to think about this... what empire are you comfortable living under? China? Russia? Give me a name.
There isn't one. There's nobody. We are literally, and I mean this, the last hope for the entire world. Freedom. Prosperity. Technology like nobody's ever seen. Moon bases. Mars. Things that sound like science fiction but we're doing them, we're actually doing them right now.
No other country. No other civilization. Us.
And if we go dark... the whole world goes dark. Every corner of it. But here's the thing...
We are not a people of darkness.