Quote Originally Posted by swishbrade View Post
Sometimes it isn't about saving up for a rainy day but being more careful and prudent about one's financial investments. In the recent crisis, the more savvy and active one was in investments, the harder they got hit. In short, it was a "punish-the-rich" session.
No, it was punish the greedy ones......not necessarily the rich ones (not all of them are greedy).

Also hit (in the US at least) were the ones who were sold expensive housing loans through scrupulous money lenders...........