As income inequality continues to increase on a global level based on my theory of valuenomics the 99% are at less of a risk to be adversely affected by a global financial collapse.
Here's why the 1% will absorb the brunt of the pain of an economic Armageddon.
The value held as wealth is fake value. That includes currencies, precious metals and jewels.
Value derived from nature is real value. real value includes food, water, shelter and clothing.
Some real value is derived and value added since a shelter is built from real value materials that come from nature.
Human beings are forced into financial slavery or jobs by the failed social science of economics which is a unique type of pyramid scheme.
Job holders are given fake value usually in the form of currency in exchange for their labor.
Fake value is used to acquire real value like food.
As long as human beings are willing to exchange fake value for real value the system of exchange works.
Value equals Nature which sustains all Life.
When fake value doesn't exist or is no longer acceptable the value system becomes 100% real value.
No one will exchange their food for money or precious metals or jewels or securities etc.
The financial collapse of the world will only effect the 1%
Human beings will merely adjust and convert to a real value systems.
This will increase efficiency and reduce waste.
It will also require the restoration, repair and growth of nature.
The world will take stock of all real value and balance what is available with what is needed so that supply equals demand.
Today supplies and demands are throttled by economics to generate fake value for the few.
V=N=L will correct the inequality of accumulated fake value.