Right. Inflation hurts the poor and middle class first. The rich can afford $6/gallon gas. Nice try.
4:14 the S&Mp? 😂
This isn't a recession for rich people; it's a recession for middle class maybe, which is exactly what the elite class wants. Also, this DOES negatively affect poor people.
I would shed a tear for the rich, but I couldn't afford tissues, so...🤷🏼♂️
Thanks Biden!
I was homeless and hungry in the richest country in the world. The rich can stress and fetter over the markets, they aren't ever going to be hungry and cold
More like recession for low income. 10% of income earners are still spending like drunken sailors.
I have decided that the stock market is so overvalued that I may die before I will ever be able to invest in it. (market value to GDP 160%, Shiller PE 29). Cash without interest is preferable to a market that is 50% overvalued. The whole game has become "my computer trading program is smarter than yours". Fundamentals have been left by the wayside. It's all one big con game.
All thanks to the bad money management
@eliascastillo1641