While working families struggle, billionaire cronies are cashing in big time.
When the stock market crashes and working families lose everything, the morbidly rich don’t panic — they pour a drink. For them, a financial meltdown isn’t a crisis, it’s Happy Hour; a golden opportunity to buy up the world at fire-sale prices while the rest of us struggle to survive.
billionaires often make the most money when there’s a crash. They absolutely love market collapses because they are, uniquely, in a position to profit from the same economic downturns that wipe out average working people (who are forced to cheaply sell the stock in their retirement plans to pay the rent and buy groceries). The morbidly rich then snap up those fire-sale stocks on the cheap.
While you’re picking up the pieces, they’re picking out their next 400-foot yacht — because in a rigged economy, your devastation is just another toast at their never-ending Happy Hour.
