I mean stuff like Meta, crypto and all that obvious scam shit that rich people seem to be diving dick first into lately.

Zuck supposedly spent BILLIONS on Meta, and when you look at the result, yeah, it's clear that the money wasn't being spent on the actual product. So where did that money really go?

Or are billionaires just really that bad with money and ideas?

brace-watching Something is sus about just how stupid with their money they've become. I mean, they were always stupid, but when you have that much money and power you have to be a special kind of inept to do what Zuck and Musk have been doing to their companies.

  • sexywheat [none/use name]
    ·
    1 year ago

    Personally I think it's a symptom of a waning American capitalist system. There's just not a lot of things to invest in where you'd get returns on your money. If you had a million dollars to invest in something where would you put it? Manufacturing lol?

    I think it's the same reason that real estate has been a more and more common investment in recent decades.