Poverty and wealth cannot last for more than three generations🍺☕
This is an old Chinese saying
But foreigners actually understand it better than us
In the past two years, I have come into contact with many second-generation and third-generation rich Americans
I found that wealth cannot last for more than three generations is a common problem in the world
First generation: work hard and start a business
Second generation: seeing the first generation start a business, they will also work a little harder
Third generation: The second generation is assumed to have inherited their grandfather's property, and most of them just lie flat
But there is an advantage in capitalist countries. They have family trusts, and the principal is kept with interest. It doesn't matter if the descendants lie flat. They are given living expenses every month to ensure that you will not starve to death.
This is the evil capitalism.
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