Stock Markets Exposed
How will the global stock market crisis affect us all and is there a solution?
I live on the poor side of the rich-poor divide and am starting to fret about the global stock market crisis, which seems to be on a never-ending slippery slide. I live with my parents who have quite a bit of debt and aren't high-earners, I think my dad owns a few shares in the company he works for, but not much. How is all of this going to affect the rich and poor classes and what would be a solution in trying to stabalise the slump? How would a solution affect the rich and poor classes? If a solution is not found, what will happen?
Public Comments
- sell all your stocks and put your money into cold hard cash. the next great recession is at its beginning. DO NOT WAIT until the government announces a recession! they will do all in their power to not admit such a thing just as they did during 2000, 2001 and 2002. Our last recession during that time was comparable to the great depression in the amount of people without jobs or benefits. the only difference was that this time around people had some form of unemployment (most of which ran out and the govt had to extend an additional 6 months). This next recession which has already started will be far greater than the GREAT DEPRESSION. not just in monetary losses (housing is down, stocks are down, careers are overseas and american jobs go to illegals first then citizens.
- It should bring you and the rich a lot closer together, As they may no longer be rich and how much poorer can you really get? The solution is spend less then you earn and be happy with what you have, That way no matter what happens your not affected.
- Yes, this just a market cycle..It can get worse..but we will all go down together...so we are all in the same boat.
- Millions of people's pay pensions into the stock market, It will always grow, The western will not let the stock market collapse. We rely on it. Don't lose sleep over it.
