posted on Jan, 19 2009 @ 11:15 AM
ok so i don't have magic ball but...
think of america as a city banker, say a Patric, Bernard or an Adam...
They've all been living their life going to posh restaurants and health spas and are used to spending large sums of money, this has been fine because
they've been getting money hand over foot and making vast profits however when the belt tightens they#ll have to cut spending, it will hurt if they
can't go to the nice restaurant or buy the newest gadgets but the real problem comes when they can't afford to invest money to make money because
then the problem compounds and their life collapses...
now what really happens depends on the person involved....
Patrick (bateman) is in the high flier club and a mover and shaker - it's his life, body and soul - his watch, suit, choice of restaurant and friends
provide his worlth, not just in his own mind but practically he NEEDS to be a big player to get invited to the correct places and get all the right
tips and deals. When it starts to collapse and he looses the image of control it starts to collapse rapidly, friends start to avoid him and deals
pass him by and soon the collapse is total. Of course living his life like this charade of eliteness has meant he's hidden but nurtured his
psychotic side and when he starts to loose his grip he #really# looses his grip,
Bernard (Maddoff) has been a well respected place for safe money and good returns but then when the rug is pulled it turns out that it was all a lie,
investors bay like dogs at the door and he's unveiled as a criminal, his name goes down in history as a terrible terrible person and his life as a
super economic power is over.
Adam (smith) has invested his money in complex but sound business ventures which are designed to supply at a reasonable cost items which are needed by
people. Because of everyone else being an idiot the demand for some of his items will collapse and some of his business ventures will have to
reorganize or collapse, however people will always need some things so as long as he hasn't brought overly opulent ventures but has also got some pin
makers and bread stores in his portfolio he should be able to weather the storm.
Of course the effect of the collapse on the person depends on their character and position -are you a paatrick a bernard or an adam?