Yeah a billionaire buys a million dollar house as easily as a millionaire buys an expensive TV or pretty good gaming pc as easily as a person with only a thousand dollars buys a cheap soda
While that is absolutely true, the millionaire still has the biggest things in common with a billionaire. They will never have to worry about a lack of money. They will never have to choose between clothes or food. And they will never be forced to keep a job, because without it they will literally die due to lack of medical insurance.
The millionaire isn’t your friend either, they’re just a wannebe billionaire.
99.9%. The difference is 999 million, or 0.999 billion.
But also, at that point, less than a tenth of a percent isn’t a significant difference any more. Point is, a million is nothing to a billionaire. Let alone a multi-billionaire. Let alone a double digits billionaire, and it gets worse from there.
I like this one because it helps establish a relative analogy we can all kind of feel and puts things into perspective. We all know what 11 days feels like, and almost all of us know what 33 years feels like. Either because we may have lived it directly or we’ve lived enough of a portion of it to extrapolate that experience.
One trillion seconds is almost 32,000 years. The analogy is broken again as 32K years is already becoming a nonsensical number that none of us can meaningfully interpret. It’s longer than all of recorded human history
under 5millions ish, but once you reach 10s millions in worth, the psycopathy starts to show. hasan probably a poor example, as hes comes from a very wealth turkey family but acts like lefty tankie, but hes really just a resistance grifter, he pretends likes hes poor. but his fans are calling him out he never had an actual job before, the one that wasnt due to nepotism, one given by his uncle cenk ughyr, hes part of the bourgeois.
Many leftist have been those from high class families who had the education and means to make a difference. Guevara and Engels being two examples among many. FDR, though absolutely not anywhere close to a leftist, betrayed his own upper class and championed the new deal.
I am not defending wealth. I am a dyed in the red and black commie, but I do think we should recognize that sometimes it’s actually those with enough material means to make a difference who do so.
BTW. Hasan’s a internet personality who abuses his dog, so… This comment was more about people coming from wealthier families being able to do good things.
The crazy thing is millionaires have more on common with us normal workers than they do with billionaires.
I get what you’re saying, that they are millionaires are closer to being broke than to being a billionaire, but they still have more in common with billionaires than normal workers. Once you reach the mid to high single digit millionaire you can pretty much choose your own adventure.
Lemmy is seriously underestimating the number of comfortable millionaires. Got $1M? You can retire and live modestly. Got $3M? That’s a new way of life, not radical, but much better. Got $10M? You’re well set for whatever happens.
3M invested is a nice retirement, not a new way of life. That’s a barely 6-figure a year payout. Of course, a chunk of a3m networth is likely your house.
In the US, 1 million is not enough to retire comfortably unless you are already retirement age and can collect social security and Medicare. It’s not like you can retire early on 1 million dollars. That doesn’t even buy you a house where I live.
I’m not quite at that level, but I’m getting there. My main concern would be health care. And that my house isn’t fully paid off. And with Trump manipulating the market, idk I get nervous. 2 million might work. But I know 1 million is for sure not enough, at least in the US.
The crazy thing is millionaires have more on common with us normal workers than they do with billionaires.
Hasan Piker was listing all kinds of "a million _____ is _____ but a BILLION ______ is [some ufathomably larger thing].
People don’t understand multiplication very well…
If you’re a low end millionaire you can buy a nice house.
If you’re a low end billionaire you can buy an entire town of nice houses.
Comparing a million dollars to a billion dollars is like comparing one dollar to a thousand dollars.
Yeah a billionaire buys a million dollar house as easily as a millionaire buys an expensive TV or pretty good gaming pc as easily as a person with only a thousand dollars buys a cheap soda
While that is absolutely true, the millionaire still has the biggest things in common with a billionaire. They will never have to worry about a lack of money. They will never have to choose between clothes or food. And they will never be forced to keep a job, because without it they will literally die due to lack of medical insurance.
The millionaire isn’t your friend either, they’re just a wannebe billionaire.
Dude, someone who has a freehold home and a retirement portfolio is a multimillionaire in many places.
There will absolutely be people with large assets and low income struggling to make ends meet.
What’s the difference between a million and a billion? About a billion
The difference between a million and a billion is about a billion.
You’re 99.99% correct.
edit: I can’t do math for shit.
99.9%. The difference is 999 million, or 0.999 billion.
But also, at that point, less than a tenth of a percent isn’t a significant difference any more. Point is, a million is nothing to a billionaire. Let alone a multi-billionaire. Let alone a double digits billionaire, and it gets worse from there.
If you were to count 1 second, every second, until you reached one million. It will have taken you roughly 11 days.
If you were to count 1 second, every second, until you reached one billion. It will have taken you over 33 years.
I like this one because it helps establish a relative analogy we can all kind of feel and puts things into perspective. We all know what 11 days feels like, and almost all of us know what 33 years feels like. Either because we may have lived it directly or we’ve lived enough of a portion of it to extrapolate that experience.
One trillion seconds is almost 32,000 years. The analogy is broken again as 32K years is already becoming a nonsensical number that none of us can meaningfully interpret. It’s longer than all of recorded human history
Anyways, https://apnews.com/article/musk-tesla-electric-trillion-pay-stock-f2140db92e8032121f4c114234059165
under 5millions ish, but once you reach 10s millions in worth, the psycopathy starts to show. hasan probably a poor example, as hes comes from a very wealth turkey family but acts like lefty tankie, but hes really just a resistance grifter, he pretends likes hes poor. but his fans are calling him out he never had an actual job before, the one that wasnt due to nepotism, one given by his uncle cenk ughyr, hes part of the bourgeois.
Many leftist have been those from high class families who had the education and means to make a difference. Guevara and Engels being two examples among many. FDR, though absolutely not anywhere close to a leftist, betrayed his own upper class and championed the new deal.
I am not defending wealth. I am a dyed in the red and black commie, but I do think we should recognize that sometimes it’s actually those with enough material means to make a difference who do so.
BTW. Hasan’s a internet personality who abuses his dog, so… This comment was more about people coming from wealthier families being able to do good things.
I get what you’re saying, that they are millionaires are closer to being broke than to being a billionaire, but they still have more in common with billionaires than normal workers. Once you reach the mid to high single digit millionaire you can pretty much choose your own adventure.
i think is when you reach 10s of millions in wealth is when things becomes very seperate from the plebs.
Lemmy is seriously underestimating the number of comfortable millionaires. Got $1M? You can retire and live modestly. Got $3M? That’s a new way of life, not radical, but much better. Got $10M? You’re well set for whatever happens.
3M invested is a nice retirement, not a new way of life. That’s a barely 6-figure a year payout. Of course, a chunk of a3m networth is likely your house.
In the US, 1 million is not enough to retire comfortably unless you are already retirement age and can collect social security and Medicare. It’s not like you can retire early on 1 million dollars. That doesn’t even buy you a house where I live.
I have a friend who made it big young (well earned IMO, they started working at 15) and they have about 2M in investments.
They make 4k/month after taxes just from the stock dividends every year.
That’s well enough for a comfortable life over here, as their house and cars are paid for - and the money keeps growing in investments.
I’m not quite at that level, but I’m getting there. My main concern would be health care. And that my house isn’t fully paid off. And with Trump manipulating the market, idk I get nervous. 2 million might work. But I know 1 million is for sure not enough, at least in the US.
Your math is a bit off