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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"
(lemmy.blahaj.zone)
People tweeting stuff. We allow tweets from anyone.
RULES:
Oligarchs have their money tied up in property, investments, and hidden from the taxman in foreign banks. Destroying the stock market would hurt them a bit, but destroying banks? The way they see it, only poor people have their money in a savings account.
I remember the first time I realized that. It was when watching the Futurama episode, "Insane in the Mainframe."
Judge Whitey: The charge is bank robbery. Now, my caddie's chauffeur informs me that a bank is a place where people put money that isn't properly invested. Therefore, robbing a bank is tantamount to that most heinous of crimes - theft of money.
Ha! Joke’s on them! I have no money so FDIC doesn’t affect me! ᕕ(ᐛ)ᕗ