Shifting Social Classes
PAGE 13
While some wealthy families are terrified about the state of the economy, Jamie says others are secretly pleased. They see this as an opportunity to get even richer.
"They're looking around, and they're saying: 'Wow, we still have a lot of money. Most people don't have any money to invest. Prices of everything are going down. Real estate is cheaper. Stocks are cheaper. Let's make some long-term investments that are going to keep our families rich for several generations into the future,'" Jamie says.
"They're looking around, and they're saying: 'Wow, we still have a lot of money. Most people don't have any money to invest. Prices of everything are going down. Real estate is cheaper. Stocks are cheaper. Let's make some long-term investments that are going to keep our families rich for several generations into the future,'" Jamie says.
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