Visual aid to show the difference between a million and a billion. He walked a million in a minute.. How long do you think it took to get to a billio?

Spoiler. He didn't walk.

May want to skip to near the end.

https://youtu.be/8YUWDrLazCg

Just to put into perspective how rich some people actually are.

He picked a nice day for it.

Just think, Jeff Bezos is worth $188 Billion and the only thing he can think to do with it is build a rocket shaped like a cock. What a wanker.

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Originally Posted by NYCBlue

He picked a nice day for it.

Just think, Jeff Bezos is worth $188 Billion and the only thing he can think to do with it is build a rocket shaped like a cock. What a wanker.

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I saw a thing on reddit where you had to scroll to a billion, then scroll to Jeff Bezos wealth. I gave up.

Quote:

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Originally Posted by NYCBlue

He picked a nice day for it.

Just think, Jeff Bezos is worth $188 Billion and the only thing he can think to do with it is build a rocket shaped like a cock. What a wanker.

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I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.

if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.

billionaires shouldn't exist.

Quote:

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Originally Posted by Rjk

I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.

if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.

billionaires shouldn't exist.

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that's crazy, 55km?!!

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Originally Posted by delmbox

that's crazy, 55km?!!

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You wouldn't be able to see the top of a pile of A4 papers stretching 55km in the Mesosphere. How mad is that!

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Originally Posted by delmbox

that's crazy, 55km?!!

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Yes its even madder than i remembered, so I had to check my working twice just to make sure it was right

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Originally Posted by Rjk

Yes its even madder than i remembered, so I had to check my working twice just to make sure it was right

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But that's almost 56km!!!

Quote:

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Originally Posted by Rjk

I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.

if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.

billionaires shouldn't exist.

---

In the UK the top 3% pay 27% of all taxes. Bezoz pays around half a billion USD in personal tax per annum. Then add up all the tax his employees earn across the globe, the goods and services they buy etc,etc.

Where does the money come from to pay for public services ? Certainly not the 45% of adults in the UK who don't contribute at all.

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Originally Posted by A Quiet Monkfish

In the UK the top 3% pay 27% of all taxes. Bezoz pays around half a billion USD in personal tax per annum. Then add up all the tax his employees earn across the globe, the goods and services they buy etc,etc.

Where does the money come from to pay for public services ? Certainly not the 45% of adults in the UK who don't contribute at all.

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they should pay even more, they have a lot more that 27% of the wealth.

Bezos paying 500million out of a fortune of 188bn is pathetic.

the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19

Quote:

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Originally Posted by Rjk

they should pay even more, they have a lot more that 27% of the wealth.

Bezos paying 500million out of a fortune of 188bn is pathetic.

the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19

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That's his personal tax liability. True Amazon don't pay enough tax but rich people - however much you don't like them - help pay for the services that those who don't pay tax, use. All these things cost money - lots and lots of it. We're going to find that out pretty soon..

Quote:

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Originally Posted by A Quiet Monkfish

That's his personal tax liability. True Amazon don't pay enough tax but rich people - however much you don't like them - help pay for the services that those who don't pay tax, use. All these things cost money - lots and lots of it. We're going to find that out pretty soon..

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they don't help enough though, the rich should pay more tax.
Amazon have some shocking tax practices, Jeff Bezos paying a miniscule percentage of tax doesn't make up for that by a long shot.
your figure of 45% who "don't contribute" only applies to income tax - there are other taxes.

Quote:

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Originally Posted by Rjk

they should pay even more, they have a lot more that 27% of the wealth.

Bezos paying 500million out of a fortune of 188bn is pathetic.

the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19

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The UK taxes income, not wealth.

Quote:

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Originally Posted by Rjk

they should pay even more, they have a lot more that 27% of the wealth.

Bezos paying 500million out of a fortune of 188bn is pathetic.

the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19

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Your reference source on Twitter has been debunked by other economists.

Quote:

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Originally Posted by Rjk

they should pay even more, they have a lot more that 27% of the wealth.

Bezos paying 500million out of a fortune of 188bn is pathetic.

the richest 1% in America have the lowest effective tax rate, even lower than the poorest.
this is a result of decades of policies by the rich to help the rich
https://twitter.com/nick_kapur/statu...651185665?s=19

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Are you taxed on your personal wealth annually? Or taxed on what you earn?

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Originally Posted by dembethewarrior

Are you taxed on your personal wealth annually? Or taxed on what you earn?

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either way do you think Jeff Bezos pays a fair amount of tax?

Amazon has only been going 25 years, yet he's amassed a ridiculous personal fortune in that period

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Originally Posted by lisvaneblue

Your reference source on Twitter has been debunked by other economists.

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it was taken from a ny times article

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Originally Posted by Rjk

it was taken from a ny times article

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Have a look at the first reply to the article on Twitter

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Originally Posted by dembethewarrior

I saw a thing on reddit where you had to scroll to a billion, then scroll to Jeff Bezos wealth. I gave up.

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https://mkorostoff.github.io/1-pixel-wealth/

This?

Quote:

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Originally Posted by Rjk

either way do you think Jeff Bezos pays a fair amount of tax?

Amazon has only been going 25 years, yet he's amassed a ridiculous personal fortune in that period

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If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.

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Originally Posted by xsnaggle

If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.

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Define "earn".

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Originally Posted by xsnaggle

If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.

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What if he's 'earned' it by taking advantage of his low paid employees?

Did Victorian estate owners who housed their workers in hovels 'earn' their riches?

Quote:

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Originally Posted by xsnaggle

If he earns it why shouldn't he have it? If people cannot keep what they earn they'll stop bothering and the world will go to rat shit. you can't level up you can only level down.

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:hehe: Yep, I'd hate to see the world go to rat shit. Imagine what that would look like, if you can't, just pick up a newspaper and pretend not to read it.

Quote:

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Originally Posted by lardy

What if he's 'earned' it by taking advantage of his low paid employees?

Did Victorian estate owners who housed their workers in hovels 'earn' their riches?

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I do the Euromillions and, when the prize gets to really crazy numbers (£115m) I have worked out I would probably give £110m away to friends, family, and other causes and still have a stupidly healthy bank account, a paid for house, a nice car every year, and time to go on holiday.

Bezos is worth 1,635 times a £115m lottery win. What can he need the money for?

If he shared the money out, everyone's lives would improve. It may even act as a great motivator (I started as a teacher, and it was a motivational tool to think of helping kids improve their education and their lives). I left to join a firm, and was earning £40,000 a year. That was fine for me. Was offered a manager's role at £55,000 and, looked at my lack of debts, looked at my great work-life balance (at the time), realised my house was big enough (so was the mortgage), and don't really fancy a new car every 12 months and said "no ta".

I can't really understand the concept of needing more money when you already have plenty. Footballers bartering over an extra £10k a week when already earning £120k a week just seems greedy.

Quote:

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Originally Posted by lardy

What if he's 'earned' it by taking advantage of his low paid employees?

Did Victorian estate owners who housed their workers in hovels 'earn' their riches?

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I don't know. You tell me?

these huge companies now don't pay many of their workers a living wage, so they have to rely on state subsidies in order to live.
there was a time when you could earn a respectable living in a low skilled job, not any more.
instead the companies pay poverty wages and rely on the tax payers to subsidise those wages. they then dont contribute their fair share in tax. the entire system is skewed so that all the money ends up in the pockets if the super rich.

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Originally Posted by CCFCC3PO

BlueMatt - are you happy that this one singular poster often kills conversation with a waving smiley? I'd, personally, class it as mild trolling, but I suspect it's not a great look for your forum.

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I don't know what it is between you two and personally I'd say the forum doesn't suffer, but as an outsider reading it makes it look like he doesn't have an answer to what you're saying to or asking him :shrug:

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Originally Posted by xsnaggle

I don't know. You tell me?

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Well if you don't even know that about Amazon employees, I'd have to wonder why you've waded into the conversation.

Quote:

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Originally Posted by CCFCC3PO

I do the Euromillions and, when the prize gets to really crazy numbers (£115m) I have worked out I would probably give £110m away to friends, family, and other causes and still have a stupidly healthy bank account, a paid for house, a nice car every year, and time to go on holiday.

Bezos is worth 1,635 times a £115m lottery win. What can he need the money for?

If he shared the money out, everyone's lives would improve. It may even act as a great motivator (I started as a teacher, and it was a motivational tool to think of helping kids improve their education and their lives). I left to join a firm, and was earning £40,000 a year. That was fine for me. Was offered a manager's role at £55,000 and, looked at my lack of debts, looked at my great work-life balance (at the time), realised my house was big enough (so was the mortgage), and don't really fancy a new car every 12 months and said "no ta".

I can't really understand the concept of needing more money when you already have plenty. Footballers bartering over an extra £10k a week when already earning £120k a week just seems greedy.

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I think footballers are in a unique situation though. You’re about to sign a contract at, say, 27/28 years of age with the knowledge that very likely, in fact probably it’ll be for the highest wage you’ll ever earn in your life. Nearly all of us earn more as we get older with natural cost of living wage increases, it’d be strange if a run of the mill working man earned more in his mid 20s than he will in his 50s given 30 years of increases. Not so footballers, I can understand why they need to accumulate as much as they can in their twenties.

Quote:

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Originally Posted by delmbox

I don't know what it is between you two and personally I'd say the forum doesn't suffer, but as an outsider reading it makes it look like he doesn't have an answer to what you're saying to or asking him :shrug:

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Matt, I won't engage with him. It's simple. He is a multi account troll and always has been. He gets pissed off because he tries to bait me and fails miserably every time. But he should be used to failing, that's why he has had so many accounts!

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Originally Posted by lardy

Well if you don't even know that about Amazon employees, I'd have to wonder why you've waded into the conversation.

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I didn't "wade in" to anything. I just passed a comment. Since when was that 'wading in'?
I just think that to suggest that people (Not him particularly) should not be allowed to have more than X amount of money will remove the incentive for people to do things, and that, overall cannot be good for anyone in the long term.
But it's just my opinion, you're free to disagree with it!

Quote:

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Originally Posted by xsnaggle

I didn't "wade in" to anything. I just passed a comment. Since when was that 'wading in'?
I just think that to suggest that people (Not him particularly) should not be allowed to have more than X amount of money will remove the incentive for people to do things, and that, overall cannot be good for anyone in the long term.
But it's just my opinion, you're free to disagree with it!

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You used 'have' rather than 'earn' which is a better word. You can't earn a billion dollars, you can only do it by taking advantage of a very large number of people. That's part of the problem people have with it.

Quote:

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Originally Posted by xsnaggle

Matt, I won't engage with him. It's simple. He is a multi account troll and always has been. He gets pissed off because he tries to bait me and fails miserably every time. But he should be used to failing, that's why he has had so many accounts!

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It's my only account here, maybe you have a habit of creating other accounts and assume others behave the same way?

Back to Bezos, why does he need so much money? Simple question.

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Originally Posted by CCFCC3PO

It's my only account here, maybe you have a habit of creating other accounts and assume others behave the same way?

Back to Bezos, why does he need so much money? Simple question.

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:wave:

Quote:

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Originally Posted by lardy

You used 'have' rather than 'earn' which is a better word. You can't earn a billion dollars, you can only do it by taking advantage of a very large number of people. That's part of the problem people have with it.

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Fair comment on 'earn', but you can make money whilst paying people a decent wage commensurate with their positions and abilities. Whether this individual did is another matter.
The point I was actually commenting on was 'Billionaires shouldn't be allowed' which, as I say will remove incentive for people to try.

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Originally Posted by NYCBlue

He picked a nice day for it.

Just think, Jeff Bezos is worth $188 Billion...

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Not paying for that PPE paid off then

Quote:

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Originally Posted by Rjk

I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.

if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.

billionaires shouldn't exist.

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Updated now to 58.6 km or 200 billion dollars.

Or to put it another way - the euromillions prize when not on a roll over is usually about 14 million quid.
If you won that, and then won the next one, and the next one until you also had 2 billion how long would it take?

Well luckily there are 2 euromillions draws a week, so it would only take you a little over 137 years of winning every euromillions draw.

Quote:

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Originally Posted by Rjk

I remember someone telling me the problem with the world today can be demonstrated with a lined sheet of A4 paper.

if you hold it in portrait orientation, and the bottom of the page is £0 and the top of the page is £1 million, most people in the world are below the bottom line of the paper, most people in the UK are pretty close to the bottom of the page. these people could only dream of one day getting up to the top of one piece of paper.
if you pictures Jeff bezos' wealth in the same way, you would have a stack of A4 papers stretching 55km into the air.
you wouldn't be able to see the top.

billionaires shouldn't exist.

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How would anybody get their hands on that much A4 paper? So that’s a load of old bollocks:hehe: