They have what they have because they produced the best products in the world, and were more than 50% of the worlds GDP. They then offshored all the jobs overseas and the country is living on borrowed money. We are only 24% of the worlds GDP now, so even if we had zero debt, we would have half the life boomers did. The only way we will have their life is convincing the world to lend us money and passing off the debt to the next generation.
Climate change won’t be the cause, it’s the debt we have been building up for the last 2 decades.
There are already talks about moving away from the Petrodollar. It’s only a matter of time. The world is tired to getting taxed by the US though money printing.
They still sell them
Being old does that to people
It’s like saying it cost me $120 bucks to buy a whopper meal because i make $100/hr and my drive to and from should count, and my time eating, the total cost of the meal is $120.
Just depends on how you look at it
That isn’t the plan. Person computers are still available, but ram production didn’t match demand.
Also billionaires don’t have a billion dollars so they don’t effect you. Their wealth is stocks that only home value because you keep buying them. If the bubble pops those “billions” disappear.
Has the Huffington post just become an X retweet ad hosting site?
But most of American billionaires wealth is in stock evaluations. If the economy collapses billionaire will have nothing of value to extract from.