The rich are always going to be rich, relatively. What you will find this time, as last time, is middle income and poor will lose everything. Pensions will be wiped out along with jobs. There may not be enough people working to pay for social programs to take up the slack. Meanwhile the rich hide their money.
From: "Bhairitu noozg...@sbcglobal.net [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: FairfieldLife@yahoogroups.com Sent: Monday, August 24, 2015 8:46 PM Subject: Re: [FairfieldLife] Re: Stockin' Up? The rich are the most effected this time around. The middle class and poor don't have much of anything in the markets. It would be good if the playing field got leveled and the inequity would go away. Yeah the rich may try to stick their gambling losses to us and I suggest we fight back as we have nothing to lose. May you live in interesting times. On 08/24/2015 06:26 PM, awoelfleba...@yahoo.com [FairfieldLife] wrote: ---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote : Capitalism is a flawed system that only benefits the greedy. It's death is well overdue. You sound as if any crash will only effect the rich. We're all in the boat together including virtually every other country worldwide. This is not just an American problem or a rich person's problem this is everyone's challenge. Don't be too hasty rubbing your hands together and thinking you will be spared any of the ramifications of this both negative and positive. "Greedy" is such a relative term and I'm not sure there are more than a handful of people in the Western world who don't have a greedy molecule in their body. On 08/24/2015 01:45 PM, jr_esq@... [FairfieldLife] wrote: This is serious business folks. The stock market has plunged below 16,000 and who knows how far it will go down. Fear and economic woes have taken over Wall Street. This is pure capitalism in action before our very eyes. Stocksplunge as global economic, policy fears grip Wall Street | | | | | | Stocksplunge as global economic, policy fears gri... Wall Street dropped on Monday in tumultuous action, as traders raced into safe-haven assets. | | | View on finance.yahoo.com | Preview by Yahoo | | | ---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote : Stock up on canned food for stock market crash, warns former Gordon Brown adviser http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html Don't forget the kippers. #yiv5171603229 #yiv5171603229 -- #yiv5171603229ygrp-mkp {border:1px solid #d8d8d8;font-family:Arial;margin:10px 0;padding:0 10px;}#yiv5171603229 #yiv5171603229ygrp-mkp hr {border:1px solid #d8d8d8;}#yiv5171603229 #yiv5171603229ygrp-mkp #yiv5171603229hd {color:#628c2a;font-size:85%;font-weight:700;line-height:122%;margin:10px 0;}#yiv5171603229 #yiv5171603229ygrp-mkp #yiv5171603229ads {margin-bottom:10px;}#yiv5171603229 #yiv5171603229ygrp-mkp .yiv5171603229ad {padding:0 0;}#yiv5171603229 #yiv5171603229ygrp-mkp .yiv5171603229ad p 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