this post was submitted on 04 Apr 2025
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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
I mean how many middle class people own stocks or even know what a stock is
Virtually all of them? You think people don't have pension funds?
You ever heard of trickle down economics? The thing that doesn't exist?
Well, it does exist, but the other way round. If the top makes a lot of money, nothing trickles down to the bottom. But if the top loses money, a LOT trickles down to the bottom. Companies lose money and will try to make up for the loss, raising prices, which directly affects you.
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.
It's something I put on my foot, right?
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.
What do you define as upper class?