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Culture War Roundup for the week of October 3, 2022

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How hard would it be for a billionaire to take over a country like Haiti?

For those out of the loop, Haiti has slowly failed as a nation state and is currently controlled almost entirely by gangs: https://www.washingtonpost.com/world/2022/10/03/haiti-cholera-gang-violence-water/

As of today, Haiti still had no president (due to the last one being assassinated), no parliamentary quorum, and a dysfunctional high court due to a lack of judges. (https://www.cia.gov/the-world-factbook/countries/haiti/)

From a "going down in history" view, you'd think quite a few of the ultra-wealthy would love the chance to become an actual dictator of an internationally recognized sovereign nation. You'd have the added benefit of being able to set your own laws, have a seat at exclusive international clubs (UN etc), and having other countries have to deal with you and your existing private businesses be protected by the right of sovereignty (assuming you relocate them to the country). I wonder what's stopping ultra-wealthy from doing this. Haiti's not even the only nation, there surely some in Africa as well that could be taken over if enough money was thrown at the problem. Mexico is basically a case study of how running such a country through money and force can even work.

Obviously there would be logistical problems with actually buying and transporting the weaponry and private mercenaries you'd have to hire to do this, but it seems like a solvable problem. From a PR perspective, you don't even need to be facetious about going in for the benefit of the native people. You could, in all seriousness, be going in to improve the lives of the Haitians who are currently dying due to their dysfunctional country.

The problem is that no one has $1bn plus in cash, gold, or liquid assets that can be accessed without distorting the market. It is tied up in stocks, in companies, in financial instruments. Zuck or Elon or Bezos can't just sell all their Meta, Tesla or Amazon shares and access the full value. And by the time their plans became public, their digital wealth would be easily seized. And $1bn probably doesn't get you anywhere near where you need to be.

Now if you took the income and started a cult, that could get you somewhere. Start recruiting young followers, get them moving in the right direction, go to it.

The problem is that no one has $1bn plus in cash, gold, or liquid assets that can be accessed without distorting the market.

The total market cap of all listed US stocks is in the tens of trillions. Pulling out a billion dollars isn't going to tank the market. Bezos and Musk each sold $10 billion in stock last year.