The rich will suffer more if things collapse  |
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It is my opinion that the rich would be in more trouble than the poor, if the bottom fell out tommorrow.Why you ask? Well the poor are more accustomed to surviving with little or nothing.And some of the poor already live like this now.The ones who don't are still wiser and have better survival instincts.The rich will not have much of a clue as to what to do without that money and life style they have always had.
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1. hornswaggled (867) | 3 months ago | I think you may have a point but they also have more education,resources,savings, and collateral than you or me. I would love to see some CEO's of certain companies go down...I know it's not a very Christian thought but that is the way I feel right now....I do think we have the perseverance of the survivor so it will be interesting to see.
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marchgale (158) | 3 months ago | Yes but maybe all those things they have will become irrelevant in some situations. I don't know but I have a feeling mankind could end up starting all over with nothing but the basics.I definitely think something is comming and soon.And when it does nothing will be the same.I have had this feeling for years now and it won't go away.
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2. xParanoiax (2745) | 3 months ago | That, and the poor would prolly hate them and in this scenario there'd be riots, and they'd prolly come raiding the rich people's fancy houses. Some of them, with the foresight to see things are getting pretty bad these days are preparing..but I don't know whether or not to pity those who're too blind to see it coming.
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3. chapcity (933) | 3 months ago | I would still like to rich though!
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chapcity (933) | 3 months ago | That is I would still like to be rich though! I could always learn to cope with less things later.LOL
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4. spalladino (2053) | 3 months ago | I don't believe that rich people would be affected too much by an economic collapse because, in order to be considered rich, one must have money and an economic downturn can't take that money away. There won't be a repeat of the Great Depression with banks collapsing so these people would still have their money even if the country sunk into a recession. I think that low and middle income families would suffer the most because most people in those catagories don't have enough, if any, money in savings for emergencies. They live paycheck to paycheck and a sudden loss of income would cause a serious situation for them. They would be most at risk to become homeless.
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marchgale (158) | 3 months ago | Thank you for your story.I bet you learnred from that experience.I too learned the hard way.And that which does not kill you makes you stronger.
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| 6. poppy76bg (31) | 3 months ago | If you are poor you will not be very happy. It is good to be in the middle class or to work for the rich people, e.g. to be social responsible. Some rich people who are having companies must be social responsible to the society and environment.
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