Comments 763

Re: GameStop Founder Comments On The Reddit Frenzy, Says It's An "Honor" To Be Chosen

Tantani

@doctorhino in 2017, the top 1% in the US payed 38.5% of the taxes in the country
The bottom 90% payed 29.9%

Jeff Bezos donated 10B$ In 2020 to fight climate change
Warren buffet: 14 billion dollar between 2014-2018
Michel Blumberg- 3B in 5 years
Elon musk- promised to donate half of his wealth and donate a lot of money to many different causes

You get the point.... (yes I used the best known examples but there are many more)

And the billionaires are the ones who run the investment companies, the food chains an d super market chains and tech companies and any other type of big company that provide millions of jobs and supporting new startups (to be fair also killing companions)

I am not saying that billionaires are good peoples, some of them are, others really not, but in a capitalism driven economy, they will always be there, and they are playing an important role

Re: GameStop Founder Comments On The Reddit Frenzy, Says It's An "Honor" To Be Chosen

Tantani

@iulis84 people who inherit their wealth are different story, I mostly talk about self made billionaires

And believe me I know a lot about economics
The big guys are moving everything, the big guys are moving game stop, the the people on Reddit didn’t actually move GME stock to much, millionaires and billionaires who saw it as opportunities to make money jumped in and did the heavy lifting, and took the massive gains

You are right about educated people, but we are not talking school and university kind of education

Re: GameStop Founder Comments On The Reddit Frenzy, Says It's An "Honor" To Be Chosen

Tantani

@Bizaster those “snobby billionaires” are the only reason the economy is preforming as well as it is
They created most of the thing you use on your daily life and push innovation, pay most of the taxes (the top 1% pay above 30% of all taxes, I think 37% but not sure) and give billions to charity in a lot of cases

Of course some of them are just snobby, but billionaires and rich people are essential

Re: What Exactly Is Going On With GameStop's Stock Prices?

Tantani

@Stocksy ahhh did I say anything that points to me being ok with rich people involvement in politics?

And if the Russians would have intervene we will at least have a us president that will benefit my country better, instead we got what seems to be Chinese interference and gave us someone who is far more dangerous at least to my part of the world in term of hurting USA friends and helping foes

Anyway any interference in political process is bad and every country should do anything in their power to block attempts of doing so

Re: What Exactly Is Going On With GameStop's Stock Prices?

Tantani

@GrandScribe go and learn some economics
do you think billionaires have their money in a bank? Lol why would they do that? Make no sense

Their money is in assets: stock, bonds, real-estate and others

Most billionaires became rich by giving something to the world and being smart, don’t hate someone who do better than you, use them as a drive to become better

I am almost willing to bet that your money is sitting in a bank collecting dust, mine is working for me in several different ways

If you ever want to stop living paycheck to paycheck, your money must work, and those billionaires are helping my money work for me

And everything you use was visioned and created by those billionaires, your phone, modern computer and anything else, and they did it before becoming billionaires

What I am trying to say here is, don’t hate someone just because he is better or richer, they had nothing but their brain, talent and unbreakable spirit to fail again and again until they succeeded

Re: What Exactly Is Going On With GameStop's Stock Prices?

Tantani

@GrandScribe bro, it means nothing about their skills

Some smart Reddit users convince many idiots to gamble
The funds were right, GameStop is at a really bad shape, they had the skills, but when a stock is worth so little like GameStop was, it is easy to manipulate it

In few weeks they will back down and many of the idiot gamblers will lose everything, the smart people who drove them there will be out way before

Re: What Exactly Is Going On With GameStop's Stock Prices?

Tantani

@GrandScribe this is not how it’s work

Rich people don’t hurt the economy, they create it, they create jobs, they and create value for people

Why would it be their job to end world hunger? This is the countries job, not individuals who worked their buts off, world hunger is an artificial problem

Do you know what will happen if all their money will flow out? Inflation, rapid one, the dollar will instantly crash into nothingness and the stock market will vanish