zlacker

It's not just their financial problem... I'm concerned with triggering an event that could make the great depression look like a tropical vacation by comparison.

Just for a second, imagine seeing the sale of roughly 5% of all stocks across the board... what would the side effect of that be? Since all of the very wealthy would be doing the same, that means that the prices will likely go down by more than 5% triggering more downstream sales.

>>tracke+(OP)
We would see a redistribution of wealth as the middle class buys the new shares.

It’s a closed system at the end of the day so the wealth isn’t vanishing into thin air.