[quote=denverite]Carlsbadworker, you may feel secure in your job, but that doesn’t make markets and economies. I don’t know if this thought is commonplace in economic theory, but the cornerstone of my economic principles is “Markets (and economies) are made at the margin”. In other words, unemployment rates, gross revenue-to-expenditure ratios, etc. have a leveraged impact on economies, both in up and down markets. [/quote]
It is not about job safety. In the end of day, the financial crisis is about wealth re-distribution. Every person has an equal chance of losing his job in this economy. But the one stands to benefit are those who have cash (savers) and who do not have a huge amount of debt (renters). Therefore, piggs as a group are going to benefit from this economy meltdown, whether a specific individual can do that is hard to say.
