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To let our friend Steve off the hook, I think you've got the number too high. The people who create the money from mortgages aren't spreading that ability around. They're not the 1%, they're one in 100M or the .00000001% (if I've counted my zeroes right). I'd say no more than 80 oligarchs in the world.

And WORSE than throwing them in the bottom of the ocean, where their impotent rage would be extinguished, would be taking back the assets and labor that backs their money--or bubble gum wrappers as Putin calls it.

In the immortal words of the Godfather, 'Take the assets, leave the money.' The money will only shoot you in the foot.

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Hahahaha! I’m not worthy. What can I say? Thank you Teresa. Hey Hubris, let me give you an unsolicited opinion: don’t be messing with an Awakened Economist :)

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You are definitely a nice guy, with a sense of humor :)... NO trip for you to the bottom of the ocean - ha, ha!

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"And WORSE than throwing them in the bottom of the ocean"... would pollute the oceans :P...

Would you prefer cremated :P?

Sure, there are probably few people in control... but don't forget their minions, and those are counted in millions.

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Hahaha. I actually did develop a plan for the oligarchs in one of my episodes: Yuval Harari & the MetaWealth Miniverse. Since they're into fake lab-grown meat and 24/7 virtual unreality, what do they need Earth for? We can just shoot them into space in Elon's cockrocket (as Russell Brand calls it) and they can live out eternity there--since death is for peons. Some minions might choose to go serve them but not millions. And then they can leave the rest of us alone to dig in the real dirt, see friends in real life, and make babies the real old-fashioned way ;-)

https://thirdparadigm.substack.com/p/yuval-harari-and-the-metawealth-miniverse

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That's Bezos' cock-rocket... (https://www.indiatoday.in/science/story/blue-origin-new-shepard-launch-snl-pete-davidson-jeff-bezos-space-tourism-1925475-2022-03-15)...

Same Megalomania, Different (psychopathic) Billionaire... (SMDB)

("psychopathic" is redundant when describing "billionaires").

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Although your photo on Bezos' cockrocket is pretty unmistakable.

SMDCR.

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Lordy! What kinda’ thread did I wander into? Hahahahahahahaha! Y’all are hilarious!

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BTW, love the moniker Hubris. Very tongue-in-cheeky.

Elon has one too! This article has a very funny photo but the text is telling too:

Elon Musk, the benevolent Agent Smith of our time, isn't content with inventing cars that drive themselves and rockets that fly themselves and solar panels that solar themselves. No, he's taking humanity to Mars so we don't all die. ALL A-FUCKING-BOARD!

Just this afternoon Musk announced, via web video, the details of how SpaceX will get people from our rapidly deteriorating blue orb up to the dusty, seemingly inhospitable planet known as Mars. "What I'm really trying to do is to make Mars seem possible," said Musk, sounding buoyant and optimistic. Then he dropped the heavy stuff:

"There will be some extinction event. I don't have some doomsday prophecy. The alternative is to become a space-going species."

[dead silence]

"Which, I hope you would agree is the right way to go."

[clapping, followed by dead silence]

https://www.gq.com/story/elon-musk-say-were-going-to-die-lets-go-to-mars

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