(1) Yes, idiots are getting rich. But most idiots are still poor, just like most smart people are poor. No human society has managed to create a lasting positive correlation between merit and success, because we, as people, are too fucking stupid and prone to complacency for that to be stable.
(2) People everywhere exaggerate their success and connections to important people. In finance, you encounter this around bonus time because the bonus is a performance review, so everyone claims to have received the top bonus available to their year.
(1) Yes, idiots are getting rich. But most idiots are still poor, just like most smart people are poor. No human society has managed to create a lasting positive correlation between merit and success, because we, as people, are too fucking stupid and prone to complacency for that to be stable.
(2) People everywhere exaggerate their success and connections to important people. In finance, you encounter this around bonus time because the bonus is a performance review, so everyone claims to have received the top bonus available to their year.