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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: CalculatedRisk who wrote (24514)1/12/2005 4:46:00 PM
From: patron_anejo_por_favor  Read Replies (1) of 110194
 
<<And who benefits most from a stable society? The wealthy, of course. So who should pay for retirement insurance?>>

It's a bit of a stretch to claim that the "wealthy" benefit more from a stable society than middle class or poor. If there is turmoil, economic upheaval and/or high crime rates, the poor usually suffer disproportionately. The rich can simply buy private armies or redistribute police coverage to insulate themselves (or build gated communities, or buy more valium and sinsemilla, etc, etc....)
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