Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Well, we’ve been going through wealth redistribution towards the “elites”, and no one batted an eye.

China popped the real estate bubble, collapsing entire industry giants and making the “elites” swallow the financial downturn. Literally allowing the “poor” to refinance their homes on the back of the “rich”, because they believe housing isn’t for speculation, but for living in.

Tariffs without windfall profits tax will be further wealth redistribution, from the poor to the wealthy




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: