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Big money never gets hurt. They use OPM and rake the cream and when they blow
up like the S&L's, the hedge funds, insurance companies and the banks, it is
the poor schmuck who is paying taxes who pays. The biggies are off shore and
in munis. Good Luck, Ira.
BrentinUtahsDixie wrote:
> Do crashes begin at the top and go down or begin at the bottom and go up?
> I'm speaking of the economy of course do people at the lower levels hurt
> before a crash, or do large investors(even whole companies) at the high
> income end of the economy hurt first?
>
> Brent
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