The world's richest families' staggering wealth

a reply to: AugustusMasonicus

Ah, well. I’m not a Rothschild expert by any means. I’m sure we could look it up on google and see. But apparently private businesses can amass inordinate amounts of wealth and power, as in the Murdoch case. See the article I linked for you above. Are you proposing the Rothschild clan does not have incomprehensible amounts of wealth?

originally posted by: pexx421
Ah, well. I’m not a Rothschild expert by any means. I’m sure we could look it up on google and see.

Nice cop out, but I'll help you since I'm feeling kind. Even if they owned 100% of the top 20 privately held companies on the planet it would barely get them to $1.5trillion, let alone the fantasy numbers you and the Original Poster are falling for.

Are you proposing the Rothschild clan does not have incomprehensible amounts of wealth?

I am. There may be wealthy decedents but it's not approaching the Buffet, Gates, Bezos or Ma levels of wealth, let alone the dopey numbers being bandied about in this thread.

originally posted by: AugustusMasonicus

originally posted by: pexx421
Ah, well. I’m not a Rothschild expert by any means. I’m sure we could look it up on google and see.

Nice cop out, but I'll help you since I'm feeling kind. Even if they owned 100% of the top 20 privately held companies on the planet it would barely get them to $1.5trillion, let alone the fantasy numbers you and the Original Poster are falling for.

Are you proposing the Rothschild clan does not have incomprehensible amounts of wealth?

I am. There may be wealthy decedents but it's not approaching the Buffet, Gates, Bezos or Ma levels of wealth, let alone the dopey numbers being bandied about in this thread.

Good sideline from the main convo. According to anonymous it’s about 2 trillion.

anonhq.com...

a reply to: Bluntone22

The video you posted has a girl exclaiming how cheap everything is compared to Australia.
The national minimum wage in Australia is currently $19 an hour.
Lets see her expression we she sees what jobs pay in America.

a reply to: jacobe001

What!?!?

You mean the higher minimum wage in Australia resulted in higher prices for consumer goods???
Huh....

originally posted by: Grambler
a reply to: Puppylove

I am with you that the wealth disparity needs to be addressed

The disagreement I have with you is that capitalism sucks

I agree in a way

But it is far and away the best system we have ever had, despite its many flaws

It’s easy to miss with all the gloom and doom

But thanks to free markets and personal property rights and the incentives they provide, the past few decades have seen the amount of people in crippling poverty in the world cut in half

That’s not to say we shouldn’t work to improve our system

But we should focus on the good along with the bad

Where does the Petro Dollar fit in all this?

A lot of people across the internet have all of a sudden been coming out of the wood work saying we have the Petro Dollar, not Capitalism to thank for our standard of living and prosperity. I see so many people defending it saying we need to take Iran out and any other countries that pose a threat to it.

This brings into question our economic system.

What would happen if the Soviet Union would have had the Petro Dollar instead of us?

Why are not people willing to drop the petro dollar and let capitalism alone do its magic if it such a great system?

a reply to: Bluntone22

How about this bluntonio

www.numbeo.com...

Less anecdote, more facts. Aussies have a higher minimum wage, and apparently lower costs for many things. According to that anyway. And free healthcare and education?

Here’s another

www.mylifeelsewhere.com...

Global wealth is estimated at 317 trillion. Meaning this article is wrong.

www.cnbc.com...

originally posted by: jacobe001

originally posted by: Grambler
a reply to: Puppylove

I am with you that the wealth disparity needs to be addressed

The disagreement I have with you is that capitalism sucks

I agree in a way

But it is far and away the best system we have ever had, despite its many flaws

It’s easy to miss with all the gloom and doom

But thanks to free markets and personal property rights and the incentives they provide, the past few decades have seen the amount of people in crippling poverty in the world cut in half

That’s not to say we shouldn’t work to improve our system

But we should focus on the good along with the bad

Where does the Petro Dollar fit in all this?

A lot of people across the internet have all of a sudden been coming out of the wood work saying we have the Petro Dollar, not Capitalism to thank for our standard of living and prosperity. I see so many people defending it saying we need to take Iran out and any other countries that pose a threat to it.

This brings into question our economic system.

What would happen if the Soviet Union would have had the Petro Dollar instead of us?

Why are not people willing to drop the petro dollar and let capitalism alone do its magic if it such a great system?

Seriously jacobe? Yeah, I know it was rhetorical. We all know the answer. Same way the us can’t let any socialist country be allowed to experiment in peace without unleashing all the hounds of the covert agencies against them. We can’t let anything disrupt our narrative.

a reply to: pexx421

Well you can believe your web links if you want.
I'll believe the Australians that I know personally that tell me a different story.

a reply to: dfnj2015

Hmm... Truly Amazing . I Bet Some of them Actually Pay People in Cash to Wipe their Arse for them . Geez , What a Luxury that would be , eh ?

originally posted by: AugustusMasonicus

originally posted by: ketsuko
I am also not consumed by greed and envy...

There are worse things to be consumed by than greed and envy...….like me for example.

Perhaps you are missing an amazing business opportunity:



The most tender meat, not too fatty, not too lean with known providence:



Just like a big baby...

a reply to: chr0naut

Are they organic

originally posted by: pexx421
Good sideline from the main convo. According to anonymous it’s about 2 trillion.

I doubt it's even a quarter of that.

Ok, so the Rothschilds aren't wealthy enough. How about Bezos? Is 4m an hour too much? 157x the average annual salary of his employees every hour.

What it comes down to is exactly what pex said. We are allowing a ruling oligarch to take foot, while all of you have your head in the sand. Allowing the elite to take the land of opportunity our fathers fought and died for.

a reply to: dfnj2015

700 trillion is enough to resolve the entire planets problems for the next 7000 years !

What the hell is going on there ?

Really , who actually needs 700 trillion in personal wealth , its nothing more than EGO

we should totally just say right , hand it over or the rest of us will take it

that's shocking 700 trillion

If I had that kind of wealth , earth would be the best place in the universe, everyone would be cared for

yet here we have one family with more wealth than the rest of the species combined

shocking , disgusting .

originally posted by: contextual
Can't really complain if you keep voting in capitalist governments.

Vote in socialism and not only will you still be a person that has less than the power brokers, you will also be eating bugs just to avoid starving to death while working harder than ever with a gulag whip snapping at your back.

It ain't perfect, but capitalism at least partially insures you, and more importantly the next generation of you, has some means at your disposal to climb up into the next class. Socialism always falls into two classes, those that have and those that don't. Those that don't have never will; those that do have only lose it in violent revolution.

I rather prefer a constitutional republic with a capitalist barter system than a democratic central authority with socialist handouts.

originally posted by: GenerationGap

originally posted by: contextual
Can't really complain if you keep voting in capitalist governments.

Vote in socialism and not only will you still be a person that has less than the power brokers, you will also be eating bugs just to avoid starving to death while working harder than ever with a gulag whip snapping at your back.

It ain't perfect, but capitalism at least partially insures you, and more importantly the next generation of you, has some means at your disposal to climb up into the next class. Socialism always falls into two classes, those that have and those that don't. Those that don't have never will; those that do have only lose it in violent revolution.

I rather prefer a constitutional republic with a capitalist barter system than a democratic central authority with socialist handouts.

Tell that to all the serfs fleeing unfettered capitalism in Honduras, Nicaragua, Columbia etc.
At any rate, just because he is criticizing capitalism doesn’t mean he wants full on socialism. There’s a whole spectrum in between there, which in many places seems to function better than ours. And, in fact, there have been different spectrums here in the us that functioned far better than now as well.

And to clarify, none of the current candidates are espousing socialism, much as they or you use the title. Social programs are not “socialism”. Any more than the govt running a company or two makes the whole govt “socialist”.

originally posted by: Edumakated
a reply to: Bluntone22

Yup. And quite a few economist believe the new deal extended the depression.

Quite right...