As inequality soars, the nervous super rich are already planning their escapes | Public Leaders Network | The Guardian

At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. “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.

I know hedge fund managers who are buying airstrips in places like New Zealand because they think they need a getaway
Robert Johnson

Johnson, who heads the Institute of New Economic Thinking and was previously managing director at Soros, said societies can tolerate income inequality if the income floor is high enough. But with an existing system encouraging chief executives to take decisions solely on their profitability, even in the richest countries inequality is increasing.

via As inequality soars, the nervous super rich are already planning their escapes | Public Leaders Network | The Guardian

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