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So let me get this straight

Let me get one thing straight and two things gay, if you will.

The parasite class don't have cash. Like, at all. They don't get paid. That's part of how they get out of taxes.

Which is why millionaires are not "the rich" when we say "eat the rich". They have actual cash and paychecks. You're about to understand in a second.

They instead have stocks and investments. Literally the entire wealth of the parasite class is stocks and investments.

So when tax season comes around they don't have to pay taxes on those stocks and investments. Why? Because their worth isn't guaranteed. "Oh I could wake up tomorrow and it can be worth nothing. I shouldn't pay taxes on something of variable value like that."

But then how do they buy shit? When Musk bought Twitter he needed cash to buy Twitter, but I just said he doesn't have cash. How did he buy Twitter.

Well they can put those investments up as collateral and then get a loan on them. So you don't have to pay taxes on it because it's worth isn't set in stone. But you can pull out loans on it even though it's worth isn't defined?

And the banks feel secure in this because if the worth is dipping they can just sue them for the money or sell the investments and keep the money.

But when Twitter wasn't doing good Musk just did some really sketchy billionaire money stuff with shell companies.

I actually had to ask AI to try to explain it to me because this billionaire money math only proves money is fake and hurts my brain so much.

So Musk created 3 shell companies under the ecosystem XCorp

X Holding 1- parent company

X Holding 2- merged with Twitter so they own Twitter now

X Holding 3- dealt with the banks to borrow the money for Twitter

Why is this important?

Because if everything breaks and Tesla stocks tank and Twitter tanks. The banks are FUCKED. They can only sue X Holding 3 to try to get their money back but X Holding 3 doesn't own anything. It's a financial black box.

They agreed to this sketchy deal because 1) Musk led them on with a high interest rate like a carrot on a stick and 2) they thought he was a safe bet

But clearly he's not. Everything is burning. He's a shitty developer and a shitty businessman and the banks are left holding the bag.

Because money is fake. Billionaires do some really weird fuckshit that make you realize money is fake. That's the difference between a millionaire and a member of the parasite class.

But back to the point.

He's allowed to borrow money from the banks using his investments as collateral and when everything goes to shit the banks are fucked. But he's not required to pay taxes on his investments because "the value could change"?

I see how it is billionaire monopoly money only matters when they need real money to actually buy things. It doesn't matter when tax season comes along and the government is asking how much moneys they have for taxes. Even though that's effectively their spending money. Because they don't actually use cash spending money.

If the entire internet fake money system died tomorrow they'd be fucked because none of their money is REAL. It's all pretend numbers.

-fae

#fuck musk #parasite class #1 percent #1%

eeek! eeeeeeeek! eekers!

#1 percent