link to original reddit post by /u/Animayer94


Is it just me or is it infuriating how little knowledge socialists and people on the left in general have when it comes to the true amount of money the "1%" has. The actual amount of people where I have had to explain that their net worth is not the money they have in the bank and in many cases the actual cash they have on hand is a small percentage of that wealth. Let alone getting into how most of the 1% essentially borrow their money using their assets as collateral.