• tree@lemmy.zip
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    1 year ago

    I think you would be surprised at how much of it is in LLCs in Delware or trusts in South Dakota, there are plenty of tax loopholes domestically as well, most people under hundred-millionaire status are not doing panama papers type stuff

  • OutlierBlue@lemmy.ca
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    1 year ago

    Silly Americans’ geography knowledge is so bad they don’t even know they’re looking at the mirror globe.

  • planish@sh.itjust.works
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    1 year ago

    It’s not though, right? Capital is stuff. Means of production. Land. Jet planes. Bridges. Sewing machines.

    Money is just tokens that certain people are using to allocate actual capital amongst themselves.

    • pjhenry1216@kbin.social
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      1 year ago

      Eh. Capital is basically anything of value that is consumed to generate flow in return. It can be money, land, resources, etc.

  • craftyindividual@lemm.ee
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    1 year ago

    That country on the globe is the wrong way round.

    Also Florida is on the west and Alaska in the east for some reason :S

  • original_ish_name@lemm.ee
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    1 year ago

    For the last time: the richest person in the world is not bill gates or elonmusk. The richest person in the world is some random drug lord