Official Bluey Dad Shirt

Exactly as intended. The super-rich rarely have to realize the losses, they remain paper losses unless they sell during the downturn. They enjoy liquidity that the vast majority of Americans will never see. This is why they got rid of pensions in favor of 401k's. Every crash is in reality another opportunity to raid Americans retirement funds. People that live on income from 401k's often have no choice to sell at least some of their stocks. Those with cash reserves get to buy those shares at deep discounts. Not to mention all the fire sale assets that come on the market.

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