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My explanation is a bit simpler, the middle class and poor have horrible money habits. They own no real assets. The rich on the other hand are doing just dandy since its an amazingly good time to make a lot of money fast.
With my BAC level I'm amazed at how that came out.
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2006 CL500
1969 280SE
2023 Ram 1500
2026 Genesis GV70
2007 Tiara 3200
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