Ah, the stock market is dropping like a stone. Guess who makes money when the stock market drops like a stone? Guess who makes money buying up tons of blue-chip stocks cheap when the market drops like a stone, then waits for the market to return and thereby makes pots more money?
Working people? Poor people? Middle class people who are out of work and underwater on their mortgages, their 401K's shreds? Why, Nooooo. Not them. They lose their jobs as multi-national companies dump them and move those salary-savings (and the jobs) offshore. Speculators? Really, really rich speculators? Like Wall Streeters?
Ah, yes. Lots of quick money to be made when economies crash. Lots of money to be made by, uh, helping economies to crash, too. So, let's all give a big shout-out to the Tea Party who were instrumental in getting this Wall Street party started in the first place. Yippee! Yo, Michelle Bachman, you were right. Claiming defaults and downgrades would be harmful to our economy were all a big Democratic lie. Rich people, who are the only ones that count, are gonna get richer and if regular people get hurt? Talk to the hand.
In America, "regular" people don't matter any more. They're not the demographic American business is looking for. Brazilians are. Brazilians, for example, are in an expanding economy, having lots of babies, setting up households. Lots of money to be made by American companies who move their operations (and jobs) offshore to focus on their new customers and grow their new business. And those new customers aren't Americans. Who are broke and so not buying what American companies produce any more. So the hell with them.
Unless, of course, Americans can be turned into non-union, cheap-wage sweatshop workers hired by multi-national American companies to produce products for, say, Brazilians. Hey, maybe the tag "Made in America" will once again mean something. O.K., maybe that wouldn't quite mean what it used to mean, but heck. In a third-world country like America, a sweat shop job is better than nothing.
Meantime, happy days are here for the big cash-boys. Mo' money, mo' money. Let the good times roll and God bless the child. . .