@rushicrypto And now you know why most billionaires are illiquid. They borrow against future profits, which conveniently end-arounds both income tax AND cap gains
$2 billion lottery jackpot won by one person in Altadena, California… and after taxes, they took home $628.5 million.
Imagine winning the lottery and suddenly becoming the only billionaire who actually gets properly taxed.
So let me get this straight.
Iran’s military was supposedly “destroyed,” an Apache helicopter gets shot down during a “ceasefire,” in the middle of a war that apparently isn’t a war… and we’re still being told it’s all just two days away from ending?
None of this makes any sense anymore.
Isn't that the cornerstone of capitalism? To increase consumption? And one way to do that is to make sure you need to keep buying over and over again. There was a time when a well made suit lasted a lifetime.
But now you're a dork to keep wearing the same thing. Social media said so.
Everybody talks about how nothing is affordable anymore, but nobody talks about how cheaply everything is made now. Cars, appliances, clothes, and so much else are designed not to last. Part of the affordability crisis is that we’re constantly forced to buy the same things over and over again.