I think we might also find that who is rich and powerful can easily get flipped upside down over night. Being rich is not actually all that hard when law enforcement exists to uphold private property rights. But without rule of law, everything is quite literally up for grabs and might will make right. I hope our business leaders are mulling this fact over and considering whether they have either the force of personality or the physical strength to keep what they currently have in a new regime.
The crushing of margins crushes the middle class before it crushes the rich, there is no point where the rich cannot afford private security. While they may end up less wealthy in absolute terms they’ll likely end up more wealthy in relative terms.
