Sorry, I'll try to stop being snarky now.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
And I'll bet you the farm that it's not the ruling bigwigs or corporate fatcats who've been freezing their asses off this winter.
I wouldn't be so sure about that, A few years ago my Father was installing a printing machine at what was translated as Government Printing firm Number 1 in Beijing. Apart from being a printing factory this was also the headquaters and management for all government printing factories in China (there were about 700). The head of the factory (and so all others in China) was a small unassuming man who had been a friend of Mao.
On visiting his house it turned out to be a small flat on the edge of the factory, smaller than most family housing that they visited. He did appear to be living the life as advertised. Any idiot can face a crisis - it's day to day living that wears you out.