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10%+ unemployment and wide disparity of incomes is always much worse for the rich than the poor in the long run.
Wealthy people are insulated and won't be affected. The guy with 50M+ can't be touched.
It's the guy with a few Million who gets mauled as the wealthy abandon him and the poor riot.
Smart rich people keep the gap small enough to be tolerable.
As wall street traders have always said:
Bulls make money, Bears make money... Pigs get slaughtered.
Hopefully this is enough of a wakeup call and doesn't get any worse.
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