Sunday, August 26, 2007

Sub-prime meltdown

Is the sub-prime meltdown a better means of transferring wealth from the rich to the poor than any socialist economist could ever dream of!?!

THE multi-millionaire financier Martin Finegold, dubbed Britain’s “Mr Sub-prime”, has become one of the biggest public losers in the market meltdown.

3 comments:

  1. The crisis isn't transfering money to the poor, I'm afraid. More people are getting kicked out of their homes...

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  2. So who is losing money!?!

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  3. I didn't doubt that people were losing money. I did dispute that it was being redistributed from rich to poor.

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