379
this post was submitted on 24 Aug 2024
379 points (95.2% liked)
NonCredibleDefense
6791 readers
471 users here now
A community for your defence shitposting needs
Rules
1. Be nice
Do not make personal attacks against each other, call for violence against anyone, or intentionally antagonize people in the comment sections.
2. Explain incorrect defense articles and takes
If you want to post a non-credible take, it must be from a "credible" source (news article, politician, or military leader) and must have a comment laying out exactly why it's non-credible. Low-hanging fruit such as random Twitter and YouTube comments belong in the Matrix chat.
3. Content must be relevant
Posts must be about military hardware or international security/defense. This is not the page to fawn over Youtube personalities, simp over political leaders, or discuss other areas of international policy.
4. No racism / hatespeech
No slurs. No advocating for the killing of people or insulting them based on physical, religious, or ideological traits.
5. No politics
We don't care if you're Republican, Democrat, Socialist, Stalinist, Baathist, or some other hot mess. Leave it at the door. This applies to comments as well.
6. No seriousposting
We don't want your uncut war footage, fundraisers, credible news articles, or other such things. The world is already serious enough as it is.
7. No classified material
Classified ‘western’ information is off limits regardless of how "open source" and "easy to find" it is.
8. Source artwork
If you use somebody's art in your post or as your post, the OP must provide a direct link to the art's source in the comment section, or a good reason why this was not possible (such as the artist deleting their account). The source should be a place that the artist themselves uploaded the art. A booru is not a source. A watermark is not a source.
9. No low-effort posts
No egregiously low effort posts. E.g. screenshots, recent reposts, simple reaction & template memes, and images with the punchline in the title. Put these in weekly Matrix chat instead.
10. Don't get us banned
No brigading or harassing other communities. Do not post memes with a "haha people that I hate died… haha" punchline or violating the sh.itjust.works rules (below). This includes content illegal in Canada.
11. No misinformation
NCD exists to make fun of misinformation, not to spread it. Make outlandish claims, but if your take doesn’t show signs of satire or exaggeration it will be removed. Misleading content may result in a ban. Regardless of source, don’t post obvious propaganda or fake news. Double-check facts and don't be an idiot.
Join our Matrix chatroom
Other communities you may be interested in
- !militaryporn@lemmy.world
- !forgottenweapons@lemmy.world
- !combatvideos@sh.itjust.works
- !militarymoe@ani.social
Banner made by u/Fertility18
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That is like 10 times the US yearly military budget. Where are you getting these numbers from?
No clue. I'm seeing closer to 300 billion sited.
Nobody knows the exact number as they hide their wealth using all sorts of shady methods. We do know they had more than 100 billion in just one investment account. They also own over 1 million acres of agricultural land, and large amounts of commercial real estate. Tracking all the business entities they own around the world is also difficult as they commonly use shell companies and other methods to hide their ownership.
Any estimate you find is just a guess.
I think they messed up their decimal point. I just made a modest donation, so they should have around $83 Trillion
This is non-credible defense, I think you know where those numbers come from.
Sounds like bullshit ngl number of mormons (17 million) times the average american net worth (1 million) = 17 trillion.
Does the temple literally own half the wealth of their congregation?
They collect a tithe of 10% of members’ income from the entire congregation. Most people accumulate less than 10% of their income as net worth annually
So yes, quite possibly they do.
Plus, they have been around fore more than 190 years. With smart investments and only 5% growth per year, your wealth doubles over 15 years. They also own land, so with land value going up they made a lot of profit if they just rent it out.
And when those 10% get invested you get good returns... then when you have a large pool of money you can join use the TBTF cheat squads to earn a very high return with minimal risk.
And that's assuming that all 17 million mormons the LDS church claims to have actually exist. It's kind of annoying to get deleted from their rolls, so a lot of people who leave don't bother. Also, many of those 17 million live in much poorer nations than the US.
That 17 million is a vast overestimation of their worldwide attendance. Real numbers, based off of cellphone data, are closer to 4 million.
I was counting in Hryvnias