Washington, Feb 19 (ANI): American rapper 50 Cent has revealed that he fears the on going recession will wipe out the middle class families of America.
The rapper himself has gone through a financial crisis in the present economic downturn, but he is more worried about others who do not have millions in the bank like him.
"The Unites States is the place to do business, so if it's bad here, where do you go?" Contactmusic quoted him as telling King magazine.
"We may lose our middle class. If you have 20,000 dollars in stocks invested in different areas, a home that you actually want to live in and a car, that's middle class. So those people who had stocks in GM (General Motors) like I had (are in trouble).
"My (broker) from (finance firm) Goldman Sachs just got laid off. (If) the guy you got assisting you... is having issues, then you really got to look into it," he added. (ANI)
The rapper himself has gone through a financial crisis in the present economic downturn, but he is more worried about others who do not have millions in the bank like him.
"The Unites States is the place to do business, so if it's bad here, where do you go?" Contactmusic quoted him as telling King magazine.
"We may lose our middle class. If you have 20,000 dollars in stocks invested in different areas, a home that you actually want to live in and a car, that's middle class. So those people who had stocks in GM (General Motors) like I had (are in trouble).
"My (broker) from (finance firm) Goldman Sachs just got laid off. (If) the guy you got assisting you... is having issues, then you really got to look into it," he added. (ANI)
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