Why is every economic crisis a plunder of the poor?

The core reasons are as follows:

Singleness of asset allocation.

Most of the poor have a single income, mostly from wages. The monthly salary income is insolvent, and there is no money to invest again, and money makes money. Therefore, in the face of the economic crisis, if the company cuts salaries and lays off employees, they are not able to resist and can only passively accept it.

It is possible to reduce the salary from 8000 to 4000, or even directly to 0. Moreover, the poor often have various loans, housing loans, car loans, and their monthly income is mainly used to fill the loan and use it for daily expenses, and the proportion of savings is very small. After the income** decreases, consumption does not decrease, which increases the burden.

The rich, on the other hand, have a more diversified income. Including financial management, investment, salary, and so on. Put funds into different markets, when the economic crisis comes, some companies will fall, and some enterprises will rise, coupled with various national support policies, investment in various teams, and finally achieve equilibrium.

Poor ability to resist risks.

The poor have a low ability to resist risks, which is reflected in the single income on the one hand, and the allocation of insurance on the other. Many poor people will refuse to buy insurance in order to save money, but when they get sick, they will spend more money on their savings for illness** or even debt**.

Most of the wealthy will allocate insurance for themselves, and in case of illness, the insurance company will report the bill, which greatly reduces their financial burden.

The way of thinking in the face of crisis is different.

Poor people are less sensitive to change, and when the economic crisis comes, they are more concerned about how their jobs are affected. For the emerging things after the economic crisis, the acceptance is low, and most of them will miss the bonus period of new things, and even if they see the bonus period, they can't grasp it because of their own courage, work ability, capital and other factors.

After the economic crisis, the rich will be more quick and sensitive when they see the emergence of new things, and seize the bonus period, which is an economic crisis for the poor and an economic opportunity for the rich.

At the end, as a "part-time worker", I hope that everyone can see new opportunities, invest in financial management, and gradually realize their financial freedom. You can say "no" to your boss, you can get enough sleep, stop running around for a living, and trust me, this day will come.

Because behind the financial crisis is the moment when the poor collapse, and what really affects the so-called poor.

Personally, I think it's because every financial crisis will bring great difficulties to the poor, compared to the rich, it will not be affected too much, even if they have no income for a long time, they have some savings and live very well, but if the poor have no savings, it will be very difficult.

That's because only the poor themselves will not have enough money, so the impact of every economic crisis is also the greatest, their money is only enough for daily living expenses, if the economy has a crisis, it will not be enough, so there is such a saying.

Because the poor are already living in great difficulty, they have no extra savings to resist all kinds of unexpected situations, especially when the economic crisis occurs, the stock price will generally be more chaotic, which will make the poor even worse.

Because every time something like this happens, it makes it impossible for the poor to earn a lot of money, which makes their lives more difficult.

There are three core reasons: first, the poor have a single asset allocation, second, the poor are most affected by social factors, and third, the poor have poor ability to resist risks. The interaction between the three will eventually shrink the already limited assets of many poor people. Because of their limited assets and single asset allocation, the poor are extremely weak when the economic crisis comes.