/biz/ - Business & Finance

[Anonymous No.52960921]

Faceberg on twitter says western rich people look down on Middle Eastern rich people because the west makes money through speculation, insurance, or financial scams, whereas the middle east makes money through natural resources.

Is this a true dynamic? Is there a wealth purity hierarchy among billionaires & trillionaires

[Anonymous No.52960937]

middle easterns really just lucked into it, theres no rags to riches story there besides their grandfathers two generations ago found oil and the whole lineage got rich from outsiders proposing a business venture in which the goat herders get massive cuts.

[Anonymous No.52960944]

>>52960921
I mean if I was ranking it I'd say the Saudis are far higher and more deserving of the wealth
Sure they didn't choose to be born on top of an oil field but just like Americans didn't choose to be born into the richest country on earth, that's how it goes. The Saudis are on top of resources that the entire world needs, they deserve the wealth as much as fat min wage Americans deserve the wealth their grandparents made for them.

[Anonymous No.52960946]

>>52960937
This

[Anonymous No.52960957]

Yes there's a difference between billionaires that depends how one attained wealth. In fact, there was an old show about that that had a similar story line to the Saudi story - The Beverly Hillbillies.

[Anonymous No.52960971]

>>52960921
You think Kushner is really smart?

[Anonymous No.52960973]

jareds a reptile.

[Anonymous No.52960983]

>>52960921
Whether it's the west or the middle east, neither of us actually produce anything. Both just squeeze value from other shit. In the west we exploit workers. In the middle east they exploit the natural resource of oil. The only people that actually produce anything of value and do anything to make this world better are communists. That's why China is the #1 exporter in the world and their products are in literally everything you own. Communism is a far more efficient system by every metric, too. Just imagine how much less you could pay workers if they didn't have to go home and pay rent to a landlord, or a mortgage to a banker. And their energy and food bills were all price controlled. Everything is cheaper all around under communism because it removed the exploitative parasite class (the ultra wealthy).

As far as how rich people see things, they're all different. But very many in America absolutely believe they are of a superior group that is inherently different from poor people, even though that's not true. All it takes to get ahead in America is being a sociopath willing to exploit the working class.

[Anonymous No.52960986]

>Faceberg on twitter says

Retard detected

[Anonymous No.52960991]

>>52960986
you don't even know him or what his new @ is

[Anonymous No.52961011]

>>52960983
China has plenty of ultra wealthy people. Plus the people were brutalized for years and still kind of are unless you have money. Their workers are just as much exploited and they definitely don’t have better working conditions than us.

[Anonymous No.52961028]

>>52960991
Here's why nobody respects middle eastern camel princes:

In 50 years when 99% of people buy gay electric cars and execute people who use plastic, demand for oil will have dropped drastically, and the value drops with it

Everybody knows this, everybody are preparing for it, even the saudis. The problem is, they have no other skills, and nobody wants to do business with them because they smell like onions

[Anonymous No.52961041]

The saudis don't even have their own Army, the US is protecting their country

[Anonymous No.52961098]

>>52961011
Nah holy shit your head is full of the typical /pol/ack GOP rightwing propaganda. No, China's wealthy people make their money in America. Not inside China. They don't tolerate private industry like that. And saying that communist workers are "brutalized" or in any way treated poorly is basically a giant own on yourself because you just inherent sound retarded. I mean there's a 90% and rising home ownership rate in China, as a opposed to a 60% and dropping home ownership rate in the US.

[Anonymous No.52961100]

>>52960937
Not the whole story. The fact that westerners don't understand why oil countries are rich justifies why most western nations have become/are becoming shitholes. It's not just about oil.

[Anonymous No.52961136]

>>52961098
>there's a 90% and rising home ownership rate in China
That's because a rural farmer's 5m^2 dilapidated shack with no running water or electricity is considered an owned home by official CCP metrics.

[Anonymous No.52961144]

>>52961098
>saying that communist workers are "brutalized" or in any way treated poorly is basically a giant own on yourself because you just inherent sound retarded.

[Anonymous No.52961156]

>>52961136
They're the 2nd largest economy of the world and they're kicking America's ass economically. You're a retard boomer who has no fucking clue what he's talking about. Their people have an objectively higher standard of living than Americans by almost every metric. As is the case in almost everywhere in the developed world. American's are the ones who live shitty 3rd world lives in their ostensibly wealthy country. And all of the American "wealth" you're brainwashed to believe that you have is simply a statistical illusion created through gigantic, almost laughable, wealth inequality.

Seriously though, you comment is just total peak "ignorant american rightwing magatard rural redneck boomer"

[Anonymous No.52961163]

>>52961144
What's that? There are suicide nets outside of a building? So somehow in your mind that = "communist workers are brutalized"? That's really how your retarded inbred mind is working here? No. That doesn't make any sense. Those two things don't logically follow. And any communist society is naturally putting a premium on worker's rights. America, capitalist America, is the place where workers get screwed and everything is deregulated in order to support the private industries. Get an education

[Anonymous No.52961164]

>>52961100
Elaborate then

[Anonymous No.52961165]

>>52961028
the real problem in the middle east is education. look up saudi literacy rates.

[Anonymous No.52961168]

>>52961163
>>52961144
>What's that? There are suicide nets outside of a building? So somehow in your mind that = "communist workers are brutalized"? That's really how your retarded inbred mind is working here? No. That doesn't make any sense. Those two things don't logically follow. And any communist society is naturally putting a premium on worker's rights. America, capitalist America, is the place where workers get screwed and everything is deregulated in order to support the private industries. Get an education
And PS this is specifically due to republicans. The rightwing. Democrats, much to their credit, do everything in their power to support worker's rights in this country but uneducated, inbred hillbillies in red rural areas just insist on electing those retarded republicans.

[Anonymous No.52961205]

>>52960921
pre-oil Saudi Arabia and bordering countries was worse than sub-saharan Africa. tiny population and most of the world's oil and they haven't done shit with it. of course the world looks down on them

[Anonymous No.52961214]

>>52961164
he's a wanker with no knowledge who wants to sound smart by being contrarian, and/or a retard memer trying to larp "muh middle eastern is based because they beat women" or some shit
anyone who has actually worked with oil-rich arab countries know they're mostly corrupt fucks with no morals who exploit their own kind, of medium intelligence at best. hence why they import westerners to do all the work and pay them ridiculous salaries

[Anonymous No.52961277]

>>52961156
>>52961163
>>52961168
Imagine putting this much effort into baitposting.

[Anonymous No.52961382]

>>52960921
Some people get rich by being smart some by being lucky. Their is a difference and they are treated differently. Rich of lu k get treated like toddlers that accidentally walked into the big kids room

[Anonymous No.52961405]

>>52961168
Democrats support workers rights to assisted suicide. No need for the nets

[Anonymous No.52961569]

>>52960937
Dubai’s emir is a cut above the rest

[Anonymous No.52961614]

>>52960921
the first thing requires critical thinking. the second thing requires a shovel and some other digging tools.

[Anonymous No.52961653]

>>52961164
western countries have oil
they just don't use it because drilling is haram to the church of Gaia
see the UK fracking ban
fortunately the torah says nothing on the topic so its allowed in the US at least

[Anonymous No.52963738]

>>52961098
Delusional retard. You can only lease homes in china, all land is owned by the CCP. Also enjoy working $2 min wage chink shill.

[Anonymous No.52964346]

>>52960921
1st group builds wealth and moves it around . 2nd group gets some shekels thrown at them and are allowed to have it within bounds .

[Anonymous No.52964392]

>>52961653
you're a retard. sand oil is easy to get, fracking for oil is far more expensive, requires more tech which wasn't available 60 years ago, and causes far more environmental issues.
>>52963738
also delusional. you think you own your land in muttland? kek. a new interstate is going right thru ur land get fucked

[Anonymous No.52964420]

>>52960983
>>52961098
Are you fucking retarded?

[Anonymous No.52964711]

>>52960983
LMFAO
You are fucking retarded.

[Anonymous No.52964767]

>>52961205
What's JFK doing there on the right?

[Anonymous No.52964968]

>>52961168
>>52961168
>Democrats support minimum wage, regulatory standards, and extensive red tape making it onerous and expensive for small companies to enter the market or compete economically while giving large stimulus boosts to large financial interests through deficit spending
>Republicans support decreased public services, systemic economic inequality, and abolishing workers rights while giving large stimulus boosts to large financial interests through deficit spending.
The system works! Just vote for my team and the statistical/sociological trends of western countries since 1945 will magically reverse themselves

[Anonymous No.52964981]

>>52960921
Who is faceberg

[Anonymous No.52965033]

It takes a lot of skill to stay rich because the western countries could have stolen all the oil from these rich Arabs but they haven't yet.
It takes a lot of critical thinking to stay safe from the west.

[Anonymous No.52965093]

Power to influence politics > Wealth

Titans of industry with $500M net worth are higher on the totem pole than someone like Notch who's a billionaire

[Anonymous No.52965490]

>>52965093
Facts.
Politicians are just employees of the mega wealthy though.

[Anonymous No.52965621]

>>52960944
>min wage
>wealth
Retarded larping the post.

[Anonymous No.52966439]

>>52965093
Hypothetically could a really witty, charismatic individual "social engineer" his way into the ranks of the ultra elite? I mean at the end of the day networking and connections is about convincing other people to do your bidding and getting others to trust you/like you isn't it? Imagine being born into a powerful family but no one likes you.

[Anonymous No.52966616]

>>52960937
actually its not even that the west (and an even smaller portion of that block really) already owned most of these oil countries and gave them their own independence on a whim the obvious implication being they could take it back at any time. The oil payments are like wages for your servants (formerly slaves)

[Anonymous No.52966651]

>>52961156
only third world people live in third world conditions in america thats the consequence of open immigration

[Anonymous No.52966670]

>>52960921
it's always been like that. industrialists don't like one each other, big landowners also hate industrialists and so on. read history books, nigger.

[Anonymous No.52966734]

>>52960921
It’s because they’re brown and live between sand dunes. Kind of like more wealthy folk from Arizona. Yea you got money but just look at where you’re living for Pete’s sake it ain’t exactly a French chateau

[Anonymous No.52966984]

>>52961156
I took a trip to the Caribbean and was shocked to see asian owned businesses. Chinese people speaking fluent Spanish selling hard goods in the local currency.

Meanwhile in the states you have Econ majors working as cashiers. The writing is on the wall that china will be a global superpower
I blame fiscal and government policy. To many rich guys wanting to stay rich and not working for the good of the whole.

America is amazing at producing business majors and the like, but other than exploiting the workers like mad & housing there’s nothing else of value.

I don’t know too much about communism, but I do find it hilarious that Econ majors are working at Starbucks vs 16yr kids working in their moms business. Which one do you think will out perform the other? One that has a ton of theoretical knowledge vs the guy who’s actually doing the work?

[Anonymous No.52967094]

>>52966734
rich people aren't racist

[Anonymous No.52969081]

>>52960921
Faceberg is low IQ and got BTFOed by high IQ Armanite Sensitive Young Men. Tsaekasith and Smeed won

[Anonymous No.52969127]

>>52960937
yeah because jewish rags to riches stories are so much better lmao

[Anonymous No.52969198]

>>52964420
>>52964711
nothing, literally nothing, he said is wrong

[Anonymous No.52969486]

>>52966439
Watch Norman (2016), it was inspired off an actual guy who did just that.

[Anonymous No.52971763]

>>52963738
Dude you and every other uneducated rightwing retard like you is spouting explicit misinformation. Period. Not as a matter of opinion just as a matter of fact. Chinese people own their homes. 90% of them. And they pay no property taxes. As opposed to America where only 60% and falling owning their homes and pay property taxes AKA rent to the government. Everything you retarded fucks say about communist countries is ALWAYS projection of your own circumstances and policies you've created and supported on the right. ALWAYS. THERE ARE NO WORDS FOR THE LEVELS OF INBRED HILLBILLY STUPIDITY FROM RIGHTWINGERS.

[Anonymous No.52973444]

>>52960921
>Faceberg on twitter says western rich people look down on Middle Eastern rich people because the west makes money through speculation, insurance, or financial scams, whereas the middle east makes money through natural resources.
the west is just a little bit more advanced in every aspect compared to all these other countries. the west was in a similar place as the middle east in the 1880s in terms of getting wealth through natural resources like oil its just that these western countries their society is so much more developed and advanced it allows for newer creative financial ways of thinking instead of some rich saudi king with a whole lot of money but no real creative ways on how to spend or invest it

[Anonymous No.52973547]

>>52971763
So move to china then commie faggot

[Anonymous No.52973803]

>>52960983
This is your honest demonstration of what you think China is?
If so I think it would be hilarious to film a short documentary of you traveling there just to get your reaction.

[Anonymous No.52974048]

>>52960983
Kys now

[Anonymous No.52974064]

There are plenty of rich people in the west through producing goods and services

[Anonymous No.52974126]

>>52960921
>>52960937
Well, it takes slightly more competency to be a zillionaire in the west than being born into the right family into the middle east.

Emphasis on "slightly".

People invent all kinds of ways to make themselves appear to superior to others. University professors imagine themselves as the smartest people in town, going around the mere plebs. Sports players imagine themselves as the world's finest specimens.

As ridiculous as it may sound people who make money through speculation, insurance or financial scams also think this way, whether Elon Musk, Bill Gates, Mark Zuckerberg or another scam, they actually see themselves above the mere common man, like they actually think they did something.