On a global scale, anyone dropping 200k on a pleasure boat, lets assume they have a net wealth of at least 1 million (insane to spend 1/5th of your wealth on a toy but anyway…), is in the top 0.1%. It’s not “kind of well off”.
Even possessing 200k dollars puts you in the top 5%.
People don’t understand numbers and that’s ok. You let one lunatic have a trillion and now you’re excusing the 0.1% as “kind of well off”.
A lot people can earn a million dollars by scrimping and saving for years. This includes many everyday working people who happen to make a decent salary. A billionaire only gets there by exploitation and taking advantage of others, you can’t save up a billion dollars by having a good job and being thrifty. If somebody works a job for 30 years, saves, and then wants to buy a boat to retire on then good for him. They are not the enemy.
On a global scale, anyone dropping 200k on a pleasure boat, lets assume they have a net wealth of at least 1 million (insane to spend 1/5th of your wealth on a toy but anyway…), is in the top 0.1%. It’s not “kind of well off”.
Even possessing 200k dollars puts you in the top 5%.
People don’t understand numbers and that’s ok. You let one lunatic have a trillion and now you’re excusing the 0.1% as “kind of well off”.
A lot people can earn a million dollars by scrimping and saving for years. This includes many everyday working people who happen to make a decent salary. A billionaire only gets there by exploitation and taking advantage of others, you can’t save up a billion dollars by having a good job and being thrifty. If somebody works a job for 30 years, saves, and then wants to buy a boat to retire on then good for him. They are not the enemy.
Someone who owns $1 million is maybe like 5 years away from complete bankruptcy if they drop $200k to purchase a boat.
There is a reason people say that boats are “a hole in the water to throw your money into”. They cost a literal fortune to maintain.
Nobody with “just” $1 million can afford to buy and maintain a $200,000 boat.