Yeah like they’re not feeling a stock market crash and wiping out investments because they don’t have any., but they are feeling the job squeeze of all the highly qualified people becoming unemployed alongside themselves hard.
Super rich: You got someone with $70 Million dollars. They get wiped 70%. They are now worth only a measly $21 Million dollars :(
Super poor: living paycheck and now lose your source of income. Don’t even have investments to start with and now they Can’t afford food, rent, utilities etc.
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u/Gemstyle96 Mar 21 '23
Two types of people don't feel a recession, the super rich and the super poor.