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Suppose you are one of London's 72 resident billionaires, and you're making 5% or so on your income.

You can pay for this digger in an hour, by spending that hour sitting on your ass, and it's not that you will be re-spending that money in your lifetime anyway. Fill it in or have someone salvage it, do whichever is quicker: you've got other things to do with your life and one of those things is to enjoy your new pool.

(Whether true or not, this acts as a good illustration of the scale of income inequality)




Why would the billionaire in question even be concerning himself with the transportation of some machinery? This decision would be taken by whoever was in charge of the excavation.


I'd have to agree. Just tell someone "there is a fully functional digger down, it's free, but you have to get it out."

Hell, people will come and haul away scrap steel from the bottom of a lake. A digger worth $10,000? 4 guys and 8 hours and each of them just made $2500 for a day's work.


I don't think someone catering to exclusive clientele would bring "scrap riff raft" into a property. It seems ludicrous and completely credible to me.


Chances are you didn't get to be a billionaire by throwing away $5k if it's easily recoverable.


Chances are you don't get to be a (self-made) billionaire without throwing away $5k here and there.

If you're spending your time saving easily recoverable $5ks, you might get to be a millionnaire but you will never get to be a billionaire: it's totally irrelevant on that scale.

Equivalent statement: You don't get to buy a house without picking pound coins up off the street.


> Chances are you didn't get to be a billionaire by throwing away $5k if it's easily recoverable.

Even better chances are you probably did a basic cost analysis and didn't just go based on hunches.

And best chance yet, you probably inherited the billions.


Or you inherited it? Or your a middle eastern minor prince, or your a Russian who was in the first place at the right time and got a good deal ( ;-) ) on some Soviet privitaisation.

Not all billionaires pulled themselves up by their bootstraps


I think it says more about the extremely high cost of strict planning regulation. Not everything is about inequality.




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