[lbo-talk] Wall Street Book

Charles Brown cbrown at michiganlegal.org
Fri Mar 11 16:46:43 PST 2005


Some pros can make money in a sideways market, but it's not good for the rich as a whole. The strong markets of the 1980s and 1990s contributed a lot to the growth in wealth inequality.

Doug

^^^^ CB: So, the contribution to polarization of wealth in or represented by Wall Street-activity goes in zig-zags, not a straightline.

The rich don't lose out to the working class in market crashes , do they ?



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