What do rich people do when things go south?

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Rojelio's picture
Rojelio
Status: Bronze Member (Offline)
Joined: Dec 27 2010
Posts: 38
What do rich people do when things go south?

When a society collapses, what's a rich guy to do?

Would you get a regular house and blend in with the masses? Maybe you could hide your stacks of gold bars under the floorboards.

Would you hole up in a fortress somewhere? Wouldn't you have to come out eventually?

Would you flee the country and go someplace less afffected by this mess?

Will devaluation of the currency make it more difficult to hire good help, like reliable bodyguards and servants who still worship the ground you walk on?

 

Full Moon's picture
Full Moon
Status: Diamond Member (Offline)
Joined: Oct 14 2008
Posts: 1258
Re: What do rich people do when things go south?

 LOL   This could be fun .   Taking a look through History on what has happened in the passed  is interesting to me .    I have been through enough ruined castles to know it is  not as easy for the rich as us poor folk would think .   

  Talk about paranoia ...   Food tasters , bodyguards, dream interpreters ...

 FM

Poet's picture
Poet
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Posts: 1891
Re: What do rich people do when things go south?

 

I would say that those who can, leave. However, if their wealth is not portable (such as land), it may mean a major downgrade in living standards in the new place. Historically, gold coins have purchased that forged travel document, that blind eye at the border checkpoint, passage aboard the last boat or plane. However, those who carry gold coins on their persons whilst fleeing desperate situations should be careful. They may be robbed and possibly killed afterwards (or killed, then robbed), as happened to some of the Vietnamese boat people. It is far better to leave early while there is still order than to leave late.

Those who choose to (or are forced to) stay will try to make sure they have a place in the remaining power structure if they can - or at least be on good terms with those with power. Some do both: sending their children to boarding school in Switzerland or the U.K., while living in heavily-guarded compounds (South America, Africa) while continuing lucrative economic activities (whether legal or illegal).

Poet

 

Damnthematrix's picture
Damnthematrix
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Posts: 3998
Re: What do rich people do when things go south?

Guillotine?

earthwise's picture
earthwise
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Posts: 848
Re: What do rich people do when things go south?

 

When a society collapses, what's a rich guy to do?

That's not something I'll ever have to worry about! 

dshields's picture
dshields
Status: Platinum Member (Offline)
Joined: Oct 24 2009
Posts: 599
Re: What do rich people do when things go south?

They seem to either get caught up in events and end up dead or in jail or they quietly move their wealth and themselves to somewhere stable that you never hear much about but they seem to know about.

 

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