Comments on: Who suffered the most during a recession? The Rich or the Poor? http://kclau.com/make-money-tips/suffer-recession/ Personal Finance Money Tips Thu, 09 Feb 2012 02:31:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: William Bakhos’s Blog » Blog Archive » Interest Rate cuts and why I hate it http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-119548 William Bakhos’s Blog » Blog Archive » Interest Rate cuts and why I hate it Sat, 28 Feb 2009 04:29:43 +0000 http://kclau.com/?p=1092#comment-119548 [...] policy allows the government, the Reserve Bank rather,  to cut interest rates in order to, among other things, reduce the payment burden for households (assuming the cut is passed on by the banks). Households [...] [...] policy allows the government, the Reserve Bank rather,  to cut interest rates in order to, among other things, reduce the payment burden for households (assuming the cut is passed on by the banks). Households [...]

]]> By: moreincome4malaysians http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-119219 moreincome4malaysians Fri, 27 Feb 2009 08:11:58 +0000 http://kclau.com/?p=1092#comment-119219 Maybe I might add that some of the new rich may have serious problems. Like those whose companies just listed after a rights issue to increase their capital etc. But the old rich, they'll be quite comfortable. I am fascinated by the M shaped society theory. Maybe you can write a little more about it. Maybe I might add that some of the new rich may have serious problems. Like those whose companies just listed after a rights issue to increase their capital etc.

But the old rich, they’ll be quite comfortable.

I am fascinated by the M shaped society theory. Maybe you can write a little more about it.

]]> By: KCLau http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-117726 KCLau Mon, 23 Feb 2009 01:45:34 +0000 http://kclau.com/?p=1092#comment-117726 In fact, if all the prediction by international financial gurus are right, there will be no middle class in the future. There will be only the rich, and the poor, nothing at the middle. It is called the M shape society. In fact, if all the prediction by international financial gurus are right, there will be no middle class in the future.
There will be only the rich, and the poor, nothing at the middle. It is called the M shape society.

]]> By: jadelynlee http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-117520 jadelynlee Sun, 22 Feb 2009 14:32:38 +0000 http://kclau.com/?p=1092#comment-117520 I would say the rich benefit most from it most the time. Middle class will tighten their pockets but if they hv a secure job in a secure industry its not too bad. The lower income group are always a victim at all times?! I would say the rich benefit most from it most the time.
Middle class will tighten their pockets but if they hv a secure job in a secure industry its not too bad.
The lower income group are always a victim at all times?!

]]> By: TStrump http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-117407 TStrump Sun, 22 Feb 2009 06:05:46 +0000 http://kclau.com/?p=1092#comment-117407 I think the rich end up doing better because they know how to make money regardless of the economy. As a matter of fact, they're probably buying everything when it's cheaper during a downturn. I think the rich end up doing better because they know how to make money regardless of the economy.
As a matter of fact, they’re probably buying everything when it’s cheaper during a downturn.

]]> By: mtsen http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-117170 mtsen Sat, 21 Feb 2009 16:49:42 +0000 http://kclau.com/?p=1092#comment-117170 in this article middle class consider poor gua, I also have some actual figures illustrating similar idea in this post <a href="http://malaysiapersonalfinance.blogspot.com/2009/01/2009-inflation-january-update.html" rel="nofollow">http://malaysiapersonalfinance.blogspot.com/2009/01/2009-inflation-january-update.html</a> in this article middle class consider poor gua, I also have some actual figures illustrating similar idea in this post http://malaysiapersonalfinance.blogspot.com/2009/01/2009-inflation-january-update.html

]]> By: é›·é–€ http://kclau.com/make-money-tips/suffer-recession/comment-page-1/#comment-116858 é›·é–€ Fri, 20 Feb 2009 14:52:50 +0000 http://kclau.com/?p=1092#comment-116858 how about the middle-class? how about the middle-class?

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