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Re:Chuck Feeney Is Now Officially Broke by winston_smith on Tuesday September 15, 2020 @04:01PM (#24486067)
Because most people in society, across all wealth levels, refuse to live within their means. I was quite disappointed when I discovered this, because I thought that if I made enough money, I'd be able to support all my family. But then I started noticing that the people who were broke generally had newer cars and computers than I did, and that families with multiple six-figure incomes were spending their way into bankruptcy. And the government does it too, accumulating ever more debt.
Re:Chuck Feeney Is Now Officially Broke by titanomachy on Wednesday September 16, 2020 @01:47AM (#24489904)
The very highest wealth level does live within their means. It's hard to spend 10 billion dollars on houses and cars.