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Nairaland Forum / Entertainment / Sports / European Football (EPL, UEFA, La Liga) / Official Chelsea Fan Thread: Champions Of Europe 2021 (11109434 Views)
Official Chelsea Fan Thread: Pride Of London / Offical Bayern Munich Fan Thread: 6x Champions Of Europe / Manchester United Fan thread: Forever Reds (2) (3) (4)
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by iamoyindamola(m): 8:13pm On Mar 24, 2020 |
PDPGuy:Will there be next summer ![]() One step at a step 3 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 8:14pm On Mar 24, 2020 |
Melvyn11: He is not spewing trash. He is asking how you want to redistribute illiquid wealth. By taking his shares and giving them to people who won't know what to do with the company, severely demotivating Bill Gates to keep progressing the company at the same time. If not that Bill Gates is divesting to invest in charities, I doubt most of these billionaires can show you $100m in cash on a good day. 4 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by diggz: 8:15pm On Mar 24, 2020 |
raumdeuter: Shiorrr?! Ogbeni rauf aregbesola onukuguy kepa Laumdeuter raumdeuter bekiafu ![]() ![]() |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 8:17pm On Mar 24, 2020 |
John Bezos liquidate 1 billion every year for blue origin. Few months ago he liquidated 2.8 billion from his shares in one week. They can liquidate any time they want flow of cash. Billionaires diversify and sell stock almost every chance they get, and they don’t live their lifestyle with just a few million of liquidity. Keep believing super stories from musk |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 8:23pm On Mar 24, 2020 |
Melvyn11: Just like you can liquidate your car but if Govt is chasing you for debt, you will give them the car rather than liquidate and they will sell it for fraction of it's worth. Let Govt start chasing all Billionaires for their assets, let's see if Govt can liquidate. You think someone else will put money for those shares knowing Govt can take it any time? You can ask Fidel what he gained in value from appropriating privately held assets in Cuba. You cannot take demand out of any market and expect to hold the same value. Ask Mugabe in Zimbabwe 6 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by nihilistjnr: 8:32pm On Mar 24, 2020 |
Ibime: This might be too advanced to grasp for some. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 8:36pm On Mar 24, 2020 |
Ibime:The point is all those billionaires that have 10%, 16% or even 2 percent of shares in trillions or multi billionaire companies can get their hands of millions anytime they want. Bezos who has 16% shares of Amazon which is a trillion dollar company can get his hands on 10billion dollars if he wants at anytime. Bezos wife already sold some of her shares and pocketed 400million at once. They can liquidate any time they need cash. 1 Like |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 8:37pm On Mar 24, 2020 |
Melvyn11: Supply of money in a system is fairly fixed at any one time and defined by currency in circulation plus bank deposits. Because Bezos liquidated, you don't understand that other rich people or institutions had to give up liquidity to allow Bezos cash out, and supply of money in the system remains the same. Let all Billionaires assets be seized and put on market at the same time, let's see if there is enough supply of money from non-billionaires to liquidate them at a fair value. You cannot take demand out a market and expect value to hold, simples. You dey yarn opata. 9 Likes 2 Shares |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by elrony(m): 8:39pm On Mar 24, 2020 |
A40: Make them catch am well well ![]() ![]() |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 8:47pm On Mar 24, 2020 |
Ibime:All billionaires asset are not being seized. Your scenario doesn't hold water. Every billionaire can show you 100million if not more at any given day. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 9:00pm On Mar 24, 2020 |
Melvyn11: How do you redistribute wealth from billionaires if not seizing all assets at the same time? Or is it only Bezos that you will seize? Or maybe you plan to do it turn by turn. And other billionaires will stand like odē and pay money to buy Bezos' shares knowing their turn is coming? There are 3 major reasons for increase in supply of money in USA for example the last decade that have seen share prices rise 1. Obama printing $2trillion dollars during 2008 crisis put more money supply in the system 2. Foreign Direct Investment 3. American companies remitting money gained in other countries back to America. Start nationalising billionaire assets and those share prices will fall steeply for 2 reasons a.) Foreign Direct Investors will withdraw back to their own countries reducing money supply available to liquidate assets at a fair price b.) By taking out billionaires from demand-side, you reduce market participants and the percentage of money supply available for buying these assets. When one man's assets are liquidated, another man's cash must be illiquidated at the same rate to hold the same value of assets. You dey yarn opata. 9 Likes 2 Shares |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by HOMOTOYOSI10: 9:04pm On Mar 24, 2020 |
nihilistjnr:I take it that she's a health worker, can you please shed more light on what her roles are during this crisis period |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by nihilistjnr: 9:15pm On Mar 24, 2020 |
HOMOTOYOSI10: She's doing her master's in social work, and she's on placement dealing with vulnerable kids. She's not a health worker. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 9:31pm On Mar 24, 2020 |
Ibime:You don't have to seize or liquidate all their stock . You can easy redistribute the wealth by sharing the stocks amongst the employees. The average worker is only getting paid a fraction of the value they create (for the company, and the world). Getting stock in a successful company can be a great way to lift people up economically. Look at all of the employees at Microsoft (not executives, just normal people) who became millionaires as their shares gained value. 2 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 9:33pm On Mar 24, 2020 |
Melvyn11: Only among the employees? And what of the 90% of citizens who don't work in a Billionaires company? Your ideas are half-baked, infantile, gobbledygook. 4 Likes 1 Share |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 9:38pm On Mar 24, 2020 |
Ibime:Shut it. Sharing stocks among employees made ordinary people millionaires in Microsoft. That's an example of wealth distribution. Your idea of liquidating all the billionaires was stupid. I brought you an idea that actually worked in wealth distribution and you still chatting Crabs. You have nothing to say. 4 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by chic2pimp(m): 9:44pm On Mar 24, 2020 |
Ibime: You almost certainly did study Economics at Alevels. As I was reading through this post of yours, I was drawing the Demand and Supply graph in my head. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Godx: 9:47pm On Mar 24, 2020 |
Melvyn11: We honestly need to institute an "income cap" at a business by business level to ensure that everyone contributing to the success of the company is rewarded for their contribution with a percentage of that success. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 9:47pm On Mar 24, 2020 |
Melvyn11: Most companies have share options as loyalty bonus for employees currently, so what is your problem with the current system. This is capitalism my friend. Microsoft has to buy those employees skills with share options otherwise they can go work for IBM. Those employees have a skill they are selling and they sold that skill at a price that suits them. Their talent or invention earned them money, same as Bill Gates invention earned him money like Raumdeuter was telling you earlier? How does that equate to seizing billionaires assets? Why should I start a business knowing that if my business blow, Govt will seize it and give it to any Okoro or Ekaite I employed. How would economy grow if no one starts business because of that. Are you well so? You are a child. 12 Likes 2 Shares |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Godx: 9:49pm On Mar 24, 2020 |
Melvyn11:The funny thing is if Billy,bezos etc just own 3% or 2% shares of their current companies they will still be billionaires. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 9:50pm On Mar 24, 2020 |
chic2pimp: I minored in Econs and Majored in Maths at BSc level. 3 Likes 1 Share |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by wman(m): 9:50pm On Mar 24, 2020 |
Melvyn11: What's the percentage of Microsoft employees that are paid in stock options? Is the average cleaner paid in stock options? If stock options is an efficient way of redistributing wealth, why has Bill Gates wealth increased exponentially? |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 9:53pm On Mar 24, 2020 |
Ibime:Are you thinking at all? Who said anything about government seizing owners assets. You don't even what you are debating. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 9:55pm On Mar 24, 2020 |
Godx:If you made $7000 from the birth of Jesus till now you won't still be richer than bezos or gate. It's that ridiculous. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by BlueRayDick: 9:56pm On Mar 24, 2020 |
Seems this Corona something is really spreading amongst our political elite. See Africa's richest man standing as close as possible to the Bauchi state gov 6 days ago Even NCDC Chairman needs to be quarantined
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 9:57pm On Mar 24, 2020 |
Melvyn11: Are you well at all? Anything taken by force is seized. So how do you plan to distribute Bezos wealth to his employees if not by seizing? |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Expert17: 9:57pm On Mar 24, 2020 |
Ibime: You are wasting your time with that boy |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 9:58pm On Mar 24, 2020 |
BlueRayDick: That's good. Let them all catch it. 3 Likes 1 Share |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by wman(m): 10:00pm On Mar 24, 2020 |
Godx: Lol. My name is Sergey Brin of Google. My partner's name is Larry Page. In 1998, while everyone in the world was satisfied with AOL, Altavista and other search engines, I and my partner PhD project at Stanford was on building a better way to index web pages and search them. I could have been lazy like others and look for something easier, or something uninventive. But no, we revolutionized search as the world knew it. We launched our company Google in a garage. From a mere search engine, we worked our ass off to add a mobile OS, maps, advert engine, browser and several other products. In 2020, I hire a fresh 25 year old Jim who I pay $240k a year. Most people in the US do not earn $240k a year. So why should godx of Nairaland be pissed that Jim isn't being compensated like me or my partner who created an avenue for Jim to earn more than most people on earth. If I and Larry Page never took that risk of starting a company, Jim would have no company to work for. My company Google wouldn't be contributing so much to the GDP of America. 9 Likes 1 Share |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 10:03pm On Mar 24, 2020 |
Ibime:Do you know the meaning of policies at all? They are many ways of shrinking the possibility of billionaires and wealth distribution either by taxing them very HIGH or creating a policy that require them to give employees a certain amount of stocks so that the workers can benefit from their own hard work. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by wman(m): 10:03pm On Mar 24, 2020 |
Melvyn11: All that analogy is pure envy. Another man's wealth is none of your business. All that wealth watching is pointless and needless. If I stayed in a three bedroom apartment with my wife and kids, I could as well wonder why Madonna, Michael Jackson and other celebs live in 18-room mansions with acres of space wasting. If I was an almajiri in Kano, I could wonder why someone will spend N5000 for a meal in a restaurant. N5000 that I can manage for a month. 8 Likes 3 Shares |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Melvyn11: 10:06pm On Mar 24, 2020 |
wman:Speak for yourself and your mindset. That analogy should tell you it's not possible to be a billionaire in a working system. The system is trash that's why they are billionaires. |
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