There are few things better defended than the assets of the wealthiest. Water flows downhill, and bailouts draw from the shallowest wells first. It is rare that the accounts of plebs are secured by being offshore, in trusts, and etc., making them more available to raid.
There are few things better defended than the assets of the wealthiest. Water flows downhill, and bailouts draw from the shallowest wells first. It is rare that the accounts of plebs are secured by being offshore, in trusts, and etc., making them more available to raid.
Shit flows downhill and if the financial impact (negative) hits at the upper end, it flows to most.
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Do you consider a paycheck only the 1$?
If a tech firm has $5 million in SVB and cannot access it, how do they pay their bills, including salaries.
This is the problem of the 1%-hate the rich mantra constantly espoused.
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