How much is the Financial Risk Exposure actually?
How much invested in USA ?
How much invested in Europe?
Both USA and Europe are crashing.
Asia also crashing.
some rich will become bankrupt and that is just
life. If rich remains rich forever, it is not really good
also.
The rich who become poor can experience for themselves what it
is like to be poor and then if they are really capable, they can
prove they can make it again without having the advantage of
inheriting from their daddy. They can prove they did not get rich
due to family ties and string pulling. They can prove they did not
get rich by chance and due to unscrupulous means.
I see this meltdown as a golden opportunity for rich people to
have the rare chance to prove they can still stand up after they
loose all their wealth. For this, I think its a blessing in
disguise for them.
cheers! :)