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Re:Starlink will now be free in Brazil since remote hospital... by joegibbs on Friday August 30, 2024 @12:34AM (#41397746)
Brazil the country is, but Brazil the country is also made up of people, and none of them individually hold $250 billion of assets that they could use against someone - that's about 10% of Brazil's GDP (not that GDP/net worth is a particularly good comparison for a ton of reasons, but it gives a general indicator).

100 or 200 years ago someone with that kind of wealth could definitely have had a country strong-armed into doing what they want - someone like the owners of the United Fruit Company or the East India Company.

Re:Starlink will now be free in Brazil since remote hospital... by master_crab on Friday August 30, 2024 @12:41AM (#41397771)
Setting aside if Brazil is richer than Musk, his wealth is his stock. He doesn’t have tens of billions in liquid assets and he most likely never will.

So let’s remember that when assuming that billionaires whose wealth is mostly tied up in their company are actually a lot less wealthy and are less able to extract their wealth then the news makes it out to be.

Re:Starlink will now be free in Brazil since remote hospital... by joegibbs on Friday August 30, 2024 @01:12AM (#41397895)
This is true, but neither can Brazil utilise their entire economy against him. Musk could definitely get a few billion out if he really tried (he got a $6b loan backed by Tesla stock and $20 billion in cash to buy Twitter), and the equivalent of that amount back in the day would have been enough to finance a military expedition - the Boer War was at the modern day cost of 25 billion pounds.
Re:Starlink will now be free in Brazil since remote hospital... by master_crab on Saturday August 31, 2024 @09:43AM (#41408815)
I mean if we want to use that yardstick than Brazil has assets worth trillions.
Re:Starlink will now be free in Brazil since remote hospital... by cassianoleal on Friday August 30, 2024 @05:44AM (#41399164)
> none of them individually hold $250 billion of assets that they could use against someone

That's not what's happening here though. What's happening is the Brazilian state, through a Supreme Court justice, going against Musk. Not a single individual.