Look at prosperous black neighborhoods like Fort Worth and PG county and how the recession combined with the housing market crisis made many lose their homes cause of defaulted loans and mortgages. People were buying stuff they didn't need living in houses they ultimately couldn't keep up paying and eventually lost nearly everything. When something happens in this country on an economic level, whites can bounce back cause they at least control the economy, wealth, resources, federal reserve, and evertyhing neccessary to maintain the static nature of the economy. We don't. The last recession nearly wiped out the black wealth gains from the black middle class of the 90s that now seems like it almost never existed. Dr. Claude Anderson already claimed that black Americans had officially become the PERMANENT underclass of the American population in 2013.How??
The last recession it was CAC jumping outta of windows. Most "AA" know something about struggle, and adaption.
Code:http://www.washingtonsblog.com/2013/05/more-americans-committing-suicide-than-during-the-great-depression.html
That's why black people need to wake the fukk up in regards to this matter because at this rate with the wealth gap between blacks and whites the widest it' sever been (hispanic's median wealth has increased in 20 years, while blacks have only decreased), the black community might not survive this recession period. Especially with the criminal lack of control of financial resources and resources in general.
That deflection ain't gonna address the elephant in the room. Let's be honest with ourselves instead of trying to inundate ourselves with petty semantics and feel good rhetoric that doesn't hold any credence in reality and that completely ignores the bigger picture.