Monday, January 26, 2015

Super rich buying boltholes to hide from chaos caused by their policies

"Ultra-wealthy financiers are buying land, homes and airstrips in countries such as New Zealand to escape to in case the poor rise up against wealth inequality. Fears of political unrest across the United States as in the Ferguson riots and Occupy protests have caused the billionaires to plan their escape to secret hideaways.Robert Johnson, president of the Institute of New Economic Thinking, told people at the World Economic Forum in Davos that many hedge fund managers were already planning their escapes."
This is  not some lefty radical. This is a highly regarded analyst speaking to the World Economic Forum.

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