@dusk @wonkothesane @aral
Yes, exactly. There's a distinction these days in that the wealth of billionaires is predicated on the stock market.
An implosion, especially of Tesla stock, for example, would crater most of their wealth.
Normally, the wealthy absolutely love the economic crisis just for the reasons that you've enumerated, but this hyper-financialized world is a global ponzi scheme, much of their wealth will disappear with it.
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