Why are wealthy kids broke?

[Retired Account]

Heh only a small fraction of rich white kids go broke
You nikkas watch too much YouTube
White people got it good in this country

they titled the video wrong to gain clicks. most dont go broke and there chance at keeping wealth is greater than the chances of most people to make wealth in the 1st place.

 

[CreepyMcCreeperson]

You have to selective marry into other families, and maintain exclusivity or dominate related to knowledge of certain crafts/professions and trade networks.


You may also have to become ruthless azzholes tho

This is true.

People want to marry for love and feelings, but if you want to maintain wealth, you have to marry and reproduce with someone else who is intelligent, and comes from an accomplished family. That is how these families maintain their wealth.

William Cornelius Rutherford III isn’t marrying Brandy Jane Conklin from Appalachia.

 

[EndDomination]

80% of wealthy kids don't end up broke.

/thread

 

[ℒℴѵℯJay ELECTUA]

What do you mean?

Do you have an Uncle Eugene?

 

[EndDomination]

This generation hates the 1% with a passion..

But they're big time consumers.. How can you enrich the people you despise? How do you hate the 1%, yet keep getting the latest this and that?
And they find a excuse to justify this way of thinking. How do "brehs" make 30 page threads about the "poisonous capitalist system", yet poke fun at the next person because he doesn't have the money to help you make the 1% more richer?

Shyts crazy to me and needs to just stfu..

Most people aren't "enriching the people they despise" by pure choice. The wealthiest people have more control over aspects of our lives than we do - they dictate where local and state funding goes, largely what bills are passed, zoning, school structure, etc.

You play dumb and act as if the world is a blank slate and that you can simply "opt-out" of exploitation and the system

 

[EndDomination]

You're talking about necessities. He was referring to conspicuous consumption.

And buying into that definitely has people supporting the 1 %. Social mobility and the possibility of it exists here to greater degree than almost anywhere in the world. This is what has always attracted some of the most resourceful and ambitious people from other countries and what has helped develop and expand the American economy.

He's talking about both.

And no, it does not.

Ranked: The Social Mobility of 82 Countries
The 12 countries where poor children are more likely to get rich and actually achieve the American Dream than in the US

We're middling when it comes to social mobility, and have been for quite some time.

 

[Wildhundreds]

Most people aren't "enriching the people they despise" by pure choice. The wealthiest people have more control over aspects of our lives than we do - they dictate where local and state funding goes, largely what bills are passed, zoning, school structure, etc.

You play dumb and act as if the world is a blank slate and that you can simply "opt-out" of exploitation and the system

Here comes miserable @EndDomination..

Im fine breh.. Or I realized you control what you can on this planet..

Why don't you talk about your life and how you can't control any aspects of it.

 

[Thurgood Thurston III]

Do you have an Uncle Eugene?

Nah why?

 

[Thurgood Thurston III]

This is true.

People want to marry for love and feelings, but if you want to maintain wealth, you have to marry and reproduce with someone else who is intelligent, and comes from an accomplished family. That is how these families maintain their wealth.

William Cornelius Rutherford III isn’t marrying Brandy Jane Conklin from Appalachia.

I actually googled those names like a dumbass