WSJ: 94% of global millionaires fear riots/unrest in the streets that calls for their blood. As well they should.
Why the Rich Fear Violence in the Streets
Robert Frank
Wall Street Journal, 6 July 2011
EXTRACT:
A new survey from Insite Security and IBOPE Zogby International of those with liquid assets of $1 million or more found that 94% of respondents are concerned about the global unrest around the world today.
Fully 90% of respondents have a negative view of the current global economic climate and 41% say they have little or no faith that the U.S. will be able to right itself in this fiscal climate.
Phi Beta Iota: The super rich have created a global plague of failed states, poverty, infectious disease, and environmental degradation, thinking governments that they corrupted will take care of it. Not so. Corruption is a super-plague. Integrity is the antidote, M4IS2 is the method by which the super-rich can fund a win-win recovery. They did it once before, addressing public health in New York City. Time for big ideas again.
