World, Writing, Wealth discussion

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The Lounge: Chat. Relax. Unwind. > How to spend a billion on a single event?

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message 1: by Nik (new)

Nik Krasno | 19850 comments Thanks to an apparently moderately rich & modest man - Mikhail Gutseriev we have at least one variant for an answer:

http://www.zerohedge.com/news/2016-03...

For those unwed the bar is raised a little bit now, but nothing that can't be surpassed really -:)


message 2: by Ian (new)

Ian Miller | 1857 comments Nik wrote: "Thanks to an apparently moderately rich & modest man - Mikhail Gutseriev we have at least one variant for an answer:

http://www.zerohedge.com/news/2016-03......"


Another example of unintended consequences of Yeltsin's "privatisation". All the wealth that Russia needs to invest in developing the economy is locked away or dissipated in useless expenditure.


message 3: by Nik (new)

Nik Krasno | 19850 comments In his case specifically, I'm not sure he benefited from Yeltsin's privatisation, but it is very true that billions, if not trils, of Russian-sourced money sits abroad/offshore, doing nothing and sometimes even has higher chances of being invested in the West rather than in Russia...


message 4: by Nik (new)

Nik Krasno | 19850 comments Are you a sufficiently imaginative spender? -:)


message 5: by Ian (new)

Ian Miller | 1857 comments I could certainly do something constructive with even an itsy bitsy fraction of that, but alas I can't see it happening. :-(


message 6: by Scout (new)

Scout (goodreadscomscout) | 8071 comments I have a few bucks to spare. I'm going to the Gulf Coast for a few days, taking my dog and a friend. I'm so sick of seeing the people's money spent on useless crap instead of being spent for their benefit. The money being spent on trying to impeach Trump two years into his presidency could better be spent aiding the less fortunate or on infrastructure or, well, name it. What a waste.


message 7: by Nik (new)

Nik Krasno | 19850 comments These guys are cheapskates, only 120 mil on a pre-wedding bash:
https://www.businessinsider.com/rihan...
If you chose to attend anyway, please, share how it was


message 8: by Nik (new)

Nik Krasno | 19850 comments If anyone's jet overflying ME, stop by as I'm hitchhiking not to miss the main event: https://www.theguardian.com/world/art...
That's a parallel universe for real


message 9: by J. (new)

J. Gowin | 7977 comments Apparently, Kamala spent $1 billion dollars on losing the election.


message 10: by Scout (new)

Scout (goodreadscomscout) | 8071 comments There's an unsubstantiated claim that her campaign ended up with a $20 million debt. https://www.snopes.com/fact-check/har...

We'll have to wait for verification, but she definitely spent $1 billion, which gives me hope that presidential elections can't be bought.


message 11: by Nik (new)

Nik Krasno | 19850 comments Musk supposedly contributed 200 mil to Donald. We were talking about politicians' dependence on sponsors....


message 12: by Scout (new)

Scout (goodreadscomscout) | 8071 comments Well, Musk doesn't seem to need any political favors. He's done without them so far.


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