I think you nailed it. The 1% will sail through the recession and just buy all the poor people’s stuff at pennies on the dollar. Poor people don’t have any bu

I think you nailed it. The 1% will sail through the recession and just buy all the poor people’s stuff at pennies on the dollar. Poor people don’t have any buffer, all their money goes to bills already. If HSBC saw any money there, they would not be exiting.