How much will be satisfied with money?-2

Conventional wisdom today says the wealthy are exempt from the forces of economic gravity. Luxury real-estate sales are booming dofus kamas, say real-estate agents, even as the rest of the housing market craters. Neiman Marcus is outshining Wal-Mart. The rich will continue to spend, we're told buy dofus kamas, because they're receiving the lion's share of the nation's wealth and income growth.

This has held true -- so far. The rich (especially the super-wealthy) will fare better than the broader consumer cheap kamas, since they have more of a financial cushion. Yet because so much of today's wealth is tied to financial markets, the wealthy will feel the effects of any dramatic decline in stock markets, hedge funds and private equity dofus kama. One key issue: Mergers and acquisitions -- the main drivers of big wealth -- could die down with tighter credit.

The rich have also been funding their lifestyles with debt -- from art loans and jumbo mortgages to jet financing dofus gold. So if credit contracts further, high-end spending also will shrink.

Gregory D. Curtis, chairman of Greycourt & Co., a Pittsburgh-based wealth-advisory firm, says he knows several wealthy families who already have been burned by investments linked to subprime lending. 'The wealthy may have a bigger cushion between themselves and the wolf at the door,' he says. 'But they're not immune.'

The runaway prices for art, wine, vintage cars and other collectibles are sure to slow next year dofus money. The bubble may not pop, per se, since there is so much demand from the newly rich in China, Russia, the Middle East and Latin America. And so far, prices of collectibles have held firm. Yet the markets have become so overrun with financial speculators -- with art becoming the new 'non-correlated asset' and wine becoming the ultimate liquidity event -- that there's bound to be a correction. Look for price drops of 10% or more for some of the secondary artists and wine makers that rely on American buyers.