The way I see it, this will turn out to be another locked thread because it involves politics and finger pointings. If only country governments could live in peace, we won't have to suffer so much. I believe there is way too many things that we do not know about what's going on in the political world. Even news papers are not entirely accurate. So it's better to just post wisely and ensure that whatever that is being posted doesn't sound or read like it's pointing fingers to anyone.
The wealthy will hardly feel anything, other than watching their spending on over priced items but yet, they still get to spend, nonetheless.
As for the struggling, well, we just have to struggle harder, reduce our entertainment and what so what not. It's basically reducing or even entirely removing, if situation is way too bad, any form of life's enjoyment.