Davos Economist: Elite Are Afraid of Ferguson-Style Riots

GURPS

INGSOC
PREMO Member
Davos Economist: Elite Are Afraid of Ferguson-Style Riots
Wealth inequality threatens to spark civil unrest


Johnson, president of the Institute of New Economic Thinking, sparked interest when he asserted during an interview at the Davos Economic Forum that many hedge fund managers were purchasing land in remote locations so as to guard against an uprising of the poor caused by wealth inequality.

“I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said, with the New Economics Foundation’s Stewart Wallis agreeing, telling CNBC, “If they can get off, onto another planet, some of them would.”

Johnson expanded on his comments in a subsequent interview, telling RT that wealth inequality has consequences that will result in a rise of social instability worldwide.

“A lot of wealthy and powerful people are quite afraid right now – they see us on an unstable trajectory,” said Johnson, noting that the failure of political institutions to be representative is causing strain on the system.

“As the system doesn’t have proper resources, as it doesn’t represent people, things are getting more and more dangerous as say Ferguson, Missouri brings to bear,” added the economist.
 

LibertyBeacon

Unto dust we shall return
Land in remote locations because of the threat of uprising?

Hell, they are buying this land because they know the house of cards is about to come crumbling down and are going to GTFO.

Dubai is the new Switzerland. Get out if you can.
 
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