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packman

(16,296 posts)
Mon Jun 27, 2016, 01:47 PM Jun 2016

2.1 Trillion lost (now even more) - The true "Trickle Down" effect to begin

That money lost in investment, stocks, businesses, and industry will eventually trickle down to lay-offs, firings, unemployment, and closed factories. Once again, the rich are going to screw the middle class - they will have to recoup that money somewhere, somehow.

Wonder what we can expect ? A world-wide recession?

Or, "Is the only thing we have to fear is fear itself"?

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2.1 Trillion lost (now even more) - The true "Trickle Down" effect to begin (Original Post) packman Jun 2016 OP
However Trump sees this a good thing, since The_Casual_Observer Jun 2016 #1
How does the British Proletariat falling for a RW con job... orwell Jun 2016 #2
"the effects are felt by everyone" but the rich will have 'new investment opportunities' 99th_Monkey Jun 2016 #5
Another Stock Market Crash and Great Depression would be one heck of a way to equalize incomes. pampango Jun 2016 #3
It is difficult to see how more "quantitative easing" is going to fix it this time. bemildred Jun 2016 #4
Somewhere in between vintx Jun 2016 #6
Waiting for the IMF safeinOhio Jun 2016 #7

orwell

(7,771 posts)
2. How does the British Proletariat falling for a RW con job...
Mon Jun 27, 2016, 01:53 PM
Jun 2016

...equate to "the rich are going to screw the middle class?"

When markets collapse the effects are felt by everyone including the rich.

Welcome to "the Revolution..."

 

99th_Monkey

(19,326 posts)
5. "the effects are felt by everyone" but the rich will have 'new investment opportunities'
Mon Jun 27, 2016, 02:13 PM
Jun 2016

and the poor will have no roof over their head and be eating cat food.

Not exactly the same thing in my book.

pampango

(24,692 posts)
3. Another Stock Market Crash and Great Depression would be one heck of a way to equalize incomes.
Mon Jun 27, 2016, 02:08 PM
Jun 2016

Let's just hope that only Donald comes out in favor of that idea and not any liberal politicians.

bemildred

(90,061 posts)
4. It is difficult to see how more "quantitative easing" is going to fix it this time.
Mon Jun 27, 2016, 02:09 PM
Jun 2016

And it is difficult to see how they are going to get all the suckers to jump back in too.

Maybe they will try the "bail ins" this time.

 

vintx

(1,748 posts)
6. Somewhere in between
Mon Jun 27, 2016, 02:16 PM
Jun 2016

It would suck to be a British citizen working elsewhere in the EU, or vice versa

safeinOhio

(32,676 posts)
7. Waiting for the IMF
Mon Jun 27, 2016, 02:39 PM
Jun 2016

to figure out how they are going to bail out any rich people or big banks that lost a nickel or two.

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