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Once again, rich get better and the poor gets worse thanks to the coronavirus

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[Reply] #1
03-23-2020 04:21 AM
Joined: 08-24-2019
Posts: 335
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Wenjun Chew
Wenjun Chew
Regular
Rep: 13

https://www.businessinsider.sg/coronavirus-exposes-disparity-could-spark-class-warfare-2020-3?r=US&IR=T Title: The coronavirus outbreak is exposing the devastating gaps between the rich and poor at a moment when America is primed for class warfare

And once again as you see in the article, the rich suffers less while the poor gets worse off.

Good Scenario: Nothing changed when the economy recovers. The rich will buy in assets at depressed prices and become even richer while the poor continue strugglingggggggg.... Just like they did before, all until the poor gradually gets wiped out from the face of the earth in a painful survival of the fittest analogy.

Bad Scenario (Or is it? I am not sure): If America doesn’t recover quickly...
The only good thing I see from this coronavirus is that if it gets worse for U.S, the U.S *MIGHT* slip into a recession worse than the previous Great Recession, during which China will surpass it economically.

If this happens, this proves that China’s mixed socialism-capitalism model is the better of the two evils (China’s state-controlled capitalism vs America’s capitalism run amok).

Side-point: I am reachable via the following addresses: My Linkedin: https://sg.linkedin.com/in/chew-wenjun-78364654
My Facebook: https://www.facebook.com/chew.g.wenjun


__________________

My Linkedin: https://sg.linkedin.com/in/chew-wenjun-78364654
My Facebook: https://www.facebook.com/chew.g.wenjun

Feel free to contact me to talk about anime/manga/fellow incel-dom

Edited 03-24-2020 12:34 AM by Wenjun Chew

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