My family are hard workers.
They believe in capitalism.
They’re simple folk.
But twice in my life now I’ve watched them lose everything through no fault of their own.
First in the 90’s during the ‘recession we had to have’ when interest rates suddenly soared to a point they had to sell their homes because they could no longer keep up the repayments.
They started again.
Rebuilt, worked hard and had made millionaire status when the GFC caused them to lose 60% of their superannuation, setting their retirement plan back by 15 years.
You’re theory has a few holes Cap.