Thursday, March 12, 2009

My heart bleeds

BBC: Rich list hit by economic crisis

The financial crisis is taking its toll on the world's richest people, wiping 332 names off Forbes magazine's "rich list" of world billionaires.

Just 793 people can now lay claim to a place on the list, but on average they have lost 23% of their wealth.

Of course, they still have more money than any sane person knows what to do with, and it will not have affected their practical standard of living one iota, but we're supposed to feel sorry for them. Meanwhile, the millions of ordinary people who have lost their jobs due to these people's (or rather, their financial mercenaries') financial "cleverness" whose living standards will be dramatically affected go unmentioned.