[quote=deadzone][quote=an]Yep. It was the middle class that was hurt the most in the last crash. It was the wealthy that benefited the most from the last bounce back. I expect the same this time around.[/quote]
The wealthy class were being destroyed in the last crash until the Fed and Paulsen, run by Wall St. Bankers, came to the rescue with endless bailouts and QE under the propaganda of “averting depression” and “too big to fail”. Obviously this is likely to happen again.[/quote]
I grew up around a lot of the wealthy class and they still include many of my closest friends. The last crash had minimal impact on their lives. Their kids that went to expensive private schools, they always had new expensive cars, took regular vacations, ate at the finest restaurants and golfed regularly at multiple country clubs they are members of. When things bounce back they only made more money. Yet another thing you don’t understand how it works
