4 ms·
I have bad news for you > As bad as things were for those who experienced a "negative wealth shock," they were even worse for Americans who didn't have any wea
by paulgb 9y ago
I have bad news for you
> As bad as things were for those who experienced a "negative wealth shock," they were even worse for Americans who didn't have any wealth in the first place.
- somethingsimple 9y agoWhich doesn’t make sense to me. How can you lose something if you don’t have anything?
- amelius 9y agoNot having anything means no money for quality food and basic health services, and possibly social/psychological issues.
- onetimemanytime 9y agoNo, not having money to begin with is hazardous to your health.
- mv4 9y agoEasily: an unexpected hospitalization, car problem, or some other expense.
- PeterisP 9y agoThe study found that those who don't have anything in the first place had even worse health outcomes than those who experienced a sudden loss of wealth.