Arnold
Tash Jayasinghe
CibbuanoDepression hits upper classes as they struggle with being less rich
June 12th 2008 03:10
A tragic story hit the pages of the New York Times last week; it appears that the wealthy upper class, those stalwarts of our civilization, are facing waves of depression.
Even a minor avalanche of cherry-coloured pills isn't enough to stem the tide of sad faces holding up miserable gold Rolexes.
With the housing crisis in America looming over the financial markets, investment brokers across Manhattan are faced with the grim reality of only making a few million this year, instead of ludicrous sums of money.
It's enough to make you want to get a second job. If the super-rich are struggling to go on Casablanca vacations and eat lobster salads, then this is a world that I don't want to be a part of. I'm thinking of starting a collection plate; we'd all chip in $20 or $30. If enough of us contributed, say we had about $5000, then we could buy a Louis Vuitton bag, which we could donate to some boozy lunchtime housewife.
Or we could pay for one hour of lovin' for some adulterous Democrats. Yeowr!
"THEIR spouses could leave them when they discover that their net worth has collapsed to eight figures from nine. Friends and business associates could avoid them as they pass their lunchtime tables at Barney’s or the Four Seasons. And these snubs could trickle down to their children.
“They fear their kids won’t get invited to the right birthday parties,” said Michele Kleier, an Upper East Side-based real estate broker. “If they have to give up things that are invisible, they’re O.K. as long as they don’t have give up things visible to the outside world.”"
What right do the rest of us have to complain about the economic downturn? We're only losing our jobs or our houses. I can get another house, or find another job. Who, pray tell, will make sure that these poor souls will still have their private jets? They're above the rest of us mere mortals - sitting coach with us would be a disgrace to us all.
Make your contribution today.
Even a minor avalanche of cherry-coloured pills isn't enough to stem the tide of sad faces holding up miserable gold Rolexes.
With the housing crisis in America looming over the financial markets, investment brokers across Manhattan are faced with the grim reality of only making a few million this year, instead of ludicrous sums of money.
"One of her clients recently confessed that his net worth had decreased to $8 million from more than $20 million, and he thinks that his wife will leave him. He has hidden their fall in fortune by taking on debt to pay for her extravagant clothes and vacations."
It's enough to make you want to get a second job. If the super-rich are struggling to go on Casablanca vacations and eat lobster salads, then this is a world that I don't want to be a part of. I'm thinking of starting a collection plate; we'd all chip in $20 or $30. If enough of us contributed, say we had about $5000, then we could buy a Louis Vuitton bag, which we could donate to some boozy lunchtime housewife.
Or we could pay for one hour of lovin' for some adulterous Democrats. Yeowr!
"THEIR spouses could leave them when they discover that their net worth has collapsed to eight figures from nine. Friends and business associates could avoid them as they pass their lunchtime tables at Barney’s or the Four Seasons. And these snubs could trickle down to their children.
What right do the rest of us have to complain about the economic downturn? We're only losing our jobs or our houses. I can get another house, or find another job. Who, pray tell, will make sure that these poor souls will still have their private jets? They're above the rest of us mere mortals - sitting coach with us would be a disgrace to us all.
Make your contribution today.
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Comment by Market Newbie
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Kalikapsychosis
The pills they gave me are cherry red! They told me they were for headaches!
Comment by Damo
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Damn, now that is a blast from the past.
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Nicely written Cibbuano.