Spanking As A Financial Metaphor

Trawling the web for spanking goodies as I do for this blog, I am frequently amused by the non-sexual ways in which spanking is used metaphorically. There’s a ton of it in sports, but today I discovered this rare gem from the normally-staid world of financial writing:

Why They’re Billionaires And You’re Not

Two reports came out this week: Forbes’ annual World’s Billionaires list, and the Federal Reserve’s Flow of Funds, which tracks average household net worths. Compare the two, and you get a nice snapshot of how billionaires fared in 2009 versus us mere mortals.

And to put it mildly, they gave us a pants-down spanking.

The combined net worth of the world’s billionaires rose to $3.6 trillion, up from $2.4 trillion the year before…

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