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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by miohtama on Friday March 24, 2023 @04:25PM (#35294944)
Many, but not all: an example of unfavorable economic conditions for rich is real estate bubble burst (2008). Rich own real estate disproportionally to low and middle class.
Re:UK: Food inflation rises to 18.2% as it hits highest rate... by chr-s on Friday March 24, 2023 @04:47PM (#35295234)
How many rich people were foreclosed upon? The poor always feel the real brunt of any unfavorable economic conditions. The rich will stay rich and likely become even richer because they can take advantage of the recovery.