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Wednesday, November 10, 2010

Could a partial fall actually be worse than a total collapse?

 Is it actually possible that becoming upper -middle class after being mind blowingly wealthy may well be worse than going from mind-blowingly wealthy to destitute?

 I think the distance truly makes a difference. If someone say goes from a net worth of 14 Billion Dollars to a net worth of 14 Dollars- the man or woman dealing with this fate would see the hopelessness of trying to reach that Financial Oz ever again. As long as they fought against the immediate impulse of suicide or a nervous breakdown, They might be able to adjust accept their DIRE fate and be able to pull they best they can out of this catastrophe!

 However, Landing at let's see 140.000 would be far more torturous. They'd be able to live well but it would still ne an incredible downward adjustment! I think they'd know that any accommodations they'd make to do the best they can would still seem insultingly pathetic compared to where they had once been.

So, Do you agree with me or not?

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