1225
Well, this is annoying
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Jun 2026
1225 points (100.0% liked)
Political Memes
11930 readers
3579 users here now
Welcome to politcal memes!
These are our rules:
1) Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
2) No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
3) Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
4) No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
5) No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 3 years ago
MODERATORS
Billionaires lend against those assets, so they can buy stuff. Does Musk sit under a bridge, 'cause he has "only assets"? Where does the money come from?
He lends against his assets. Once the bank wants to collect, his assets are worth more, so he lends more and stays afloat. Bonus points: he's saving on taxes now, 'cause he's in so much debt.
If everybody had those shares, they could play the lending game as well. Only, they can't, because nobody lends against one share ¯\_(ツ)_/¯
So the problem is that not everybody is rich?
Meanwhile everybody could vote for a party that supports universal healthcare and UBI. Musk is not the problem. Focussing on Musk distracts from the possibility that the next election can change everything.