Korean Job Discussion Forums

[dulouz]

If The USA were drained of every dollar, excluding land, how much would everybody get?

Sell every asset, drain every bank account, cash advance every credit card. What would that amount to?

I put this question to another board and we came to a figure that seemed realisitic.

BTW, this is a criticism of the wealth distribution theories put forth by Bolsheviks etc.

So how much does every get?

[Tiger Beer]

Figuring that the majority of Americans are heavily in debt.. it won't be much!

[dulouz]

Good try! It comes out to be $1500. Everyone except Americans get $1500 one time.

[Wangja]

[FUBAR]

[desultude]

[dulouz]

The $1500 was a figure that came to me when I used to post a well known board, that now has been in large part disbanded. The person that sent the figures to me was some kind of economist. I can't recall her method of figuring or the way she computed them but she did give me the links to the data she used.

There was a debate about the rich and the poor and I've always noticed that its a conceptual debate. That odd since cash or wealth is easily made tangible or accountable. Thats the name of the game.

My take on the Bolsheviks are that they had the competition killed and then moved into the big houses afterward. After the revolution, the people were still very poor although the scapegoats were done in. There was no problem fixed but rather some misfortune was heaped upon someone that someone else didn't like.


Will $1500 really change anyones life? World average income is $4,000 annually. Thats 3 weeks pay for us and 5 years for the dollar a day folks but its a one time check and then after that, its all gone.

[Nowhere Man]

This is an interesting post.

I would like to see links to this evidence.

That said, I'm not so sure what point that dissolution of everything proves.

The best interest in our society as a whole, I believe, is to have the gap between the richest and the poorest reduced.

Countries like India and Thailand provide more extreme and obvious examples than the US.

But they ARE far better examples of where you can't just blame poor people for being lazy.

The solution (not really, but a step towards one) is micro-credit.

The credit-card debt of the current American population is due to sloppy financial planning.

It ignores the more earnest borrowing to buy a home of previous decades.

People were more careful with their credit in the past.

And micro-credit has just begun.

That that said, people golfing while others starve is pretty sick. Not that our whole human history hasn't been sick in the same way...

And we are getting better.

These are not the days of "The Jungle" by Sinclair Lewis, but the real question is how far we actually are beyond that.

The answer, in my opinion, will always be "not far enough".