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
|
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| |
| 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.
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