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Billionaires per capita - help needed from resident Dems
Posted on 2/21/20 at 1:50 pm
Posted on 2/21/20 at 1:50 pm
Given all the recent "billionaires shouldn't exist" talk coming from our commie friends on the left, I decided to take a look at countries by billionaires per capita. Because the Bernies, Warrens, and AOCs of the world view wealth as a zero sum game, in theory the countries with the most billionaires per capita should have the lowest level of economic freedom and standard of living.
The results? Per Wikipedia, there are 74ish countries with at least one billionaire. In per capita terms, the US comes in at 13th, with one billionaire per 559k people. This is behind countries like Monaco (10k), Hong Kong (110k), Switzerland (234k), Sweden (322k), Iceland (359k), Norway (376k), and Israel (484k).
On the bottom of the scale (where Bernie and AOC want us to be), the "top" 5 are: Bangladesh (166,769), Tanzania (55,891), Nigeria (45,488), Algeria (43,378), and Pakistan (30,392). A real who's who of low-middle class worker paradises.
Given this, can one of the handful of Bernie Bros on the board address the following:
1) If the existence of billionaires is inherently bad for the common man, why do the countries with the highest standard of living also tend have the highest number of billionaires per capita?
2) If the Nordic countries are the golden standard of socialism, please explain how they could possibly have more billionaires per capita than the US?
Source: LINK
The results? Per Wikipedia, there are 74ish countries with at least one billionaire. In per capita terms, the US comes in at 13th, with one billionaire per 559k people. This is behind countries like Monaco (10k), Hong Kong (110k), Switzerland (234k), Sweden (322k), Iceland (359k), Norway (376k), and Israel (484k).
On the bottom of the scale (where Bernie and AOC want us to be), the "top" 5 are: Bangladesh (166,769), Tanzania (55,891), Nigeria (45,488), Algeria (43,378), and Pakistan (30,392). A real who's who of low-middle class worker paradises.
Given this, can one of the handful of Bernie Bros on the board address the following:
1) If the existence of billionaires is inherently bad for the common man, why do the countries with the highest standard of living also tend have the highest number of billionaires per capita?
2) If the Nordic countries are the golden standard of socialism, please explain how they could possibly have more billionaires per capita than the US?
Source: LINK
This post was edited on 2/21/20 at 1:52 pm
Posted on 2/21/20 at 1:52 pm to TideCPA
quote:
This is behind countries like Monaco (10k), Hong Kong (110k), Switzerland (234k), Sweden (322k), Iceland (359k), Norway (376k), and Israel (484k).
quote:
Hong Kong
lmao
Posted on 2/21/20 at 1:52 pm to TideCPA
Hong Kong is a country?
TideCPA about to get disappeared and this forum taken offline
TideCPA about to get disappeared and this forum taken offline
Posted on 2/21/20 at 1:53 pm to YF12
If Wikipedia calls Hong Kong a country, it must be true. Just ask Michael Scott.
Posted on 2/21/20 at 2:03 pm to TideCPA
quote:
Monaco (10k),
Holy shite
Posted on 2/21/20 at 2:08 pm to Oilfieldbiology
quote:
Holy shite
38K people means 3 or 4?
which is still a holy shite because it only has 3 quarters sq mile of area
Posted on 2/21/20 at 2:11 pm to TideCPA
In 1840 Natchez had more millionaires than anywhere else in America.
Not more per capita. More millionaires, period.
True story.
Not more per capita. More millionaires, period.
True story.
Posted on 2/21/20 at 2:13 pm to gthog61
quote:
38K people means 3 or 4?
which is still a holy shite because it only has 3 quarters sq mile of area
Yeah, 4 billionaires per 38k people = 1 per 9.5k
Explains why it is such a hellscape.
Posted on 2/21/20 at 2:14 pm to Kafka
quote:
In 1840 Natchez
When Cotton was King.
Posted on 2/21/20 at 2:15 pm to gthog61
quote:
8K people means 3 or 4?
which is still a holy shite because it only has 3 quarters sq mile of area
Its a tax haven of epic proportions
Lots of international athletes have residence there for example. Half of major tennis players are residents because it simplifies many things and costs way less.
Im shocked its not higher.
This post was edited on 2/21/20 at 2:16 pm
Posted on 2/21/20 at 2:15 pm to Kafka
Galveston was in that same boat at one point before it got flattened by a hurricane.
After that, people moved inland to Houston.
After that, people moved inland to Houston.
Posted on 2/21/20 at 2:15 pm to TideCPA
Why do fishermen catch the most fish in fertile fishing waters?
Posted on 2/21/20 at 2:18 pm to TideCPA
doesn't monaco pay like 20% value-added tax though?
also monaco is to europe what like the caymans are to the us, right? gerjiollionairs hide their money there so they don't have to pay income tax on it their home coutnry
also monaco is to europe what like the caymans are to the us, right? gerjiollionairs hide their money there so they don't have to pay income tax on it their home coutnry
Posted on 2/21/20 at 2:18 pm to Number 9 Fan
Why do crooks rob banks?
“Cause that’s where the money is.”
“Cause that’s where the money is.”
Posted on 2/21/20 at 2:56 pm to HT713
quote:
doesn't monaco pay like 20% value-added tax though?
Sure but no one that is a resident there actually lives there
So they never pay that
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