• nosuchanon@lemmy.world
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      5 days ago

      The 1% accounts for 60% of spending. But they are all over leveraged or waiting for the inevitable crash so they can buy everything cheap and increase their hoard.

    • NottaLottaOcelot@lemmy.ca
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      4 days ago

      But billionaires aren’t the main consumer base for these brands. They buy boutique appliances and health foods more than they buy sodium laced chipped meat products and mom-and-pop’s favorite dishwasher.

      • T00l_shed@lemmy.world
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        4 days ago

        For sure, I was just saying that the people who buy this stuff’s money is tied up with the billionaires

        • NottaLottaOcelot@lemmy.ca
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          4 days ago

          Absolutely - you’re right. I just mean that these brands are complaining that they don’t benefit from their own CEOs having all the money, which is kind of amusing