• @lagoon8622@sh.itjust.works
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    62 months ago

    Temporarily. But the middle class is losing more; they’ll buy up all the distressed assets like local businesses and small chains and bleed them dry

      • @ameancow@lemmy.world
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        22 months ago

        Also, this is literally the pro-trump, pro-tariff talking point being passed around, that only the rich are going to suffer.

        Don’t let people say this. I’ve been through recessions, have you? Has any of the children reading this shit? I cannot fathom how such dense, dumb talking points are being kept alive.

      • @ameancow@lemmy.world
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        12 months ago

        Even if you don’t own anything that has the word “share” on it, your life and economic future are deeply tied to the stock market, this is why when there are market problems, the expenses are passed downstream. Everyone pays when people fuck with the system, and you can’t get out of the system, it’s built-in as long as we have capitalism.