• BitingChaos@lemmy.world
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    7 months ago

    Punishing the poor and making things harder for them to dig out of their situation is certainly for the best!

  • ChrisLicht@lemm.ee
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    7 months ago

    Historically, American millionaires had a much higher rate of prior bankruptcies than the general population. A good way to squelch entrepreneurship is to make failure so onerous that it’s not worth the risk.

    • hitmyspot@aussie.zone
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      7 months ago

      I assume that is self made millionaires. They are likely entrepreneurial with a higher risk of failure in doing so, but greater rewards when succeed.

      Inherited millionaires are likely risk adverse.

  • metaStatic@kbin.social
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    7 months ago

    if the government is increasing it’s debt you know someone has that money.

    The only question is who. The ultra rich or 8.5 million Chinese? it’s a mystery I’m sure we’ll never solve.