Showing posts with label financial times. Show all posts
Showing posts with label financial times. Show all posts

Sunday 13 September 2020

Bolt-hole.

        It is easy to find inequalities and injustices in this society, they are all around us. Some glaringly obvious, but others tucked away in some idyllic spot on the planet. These short quotes from a Financial Times article 12th.-13th. September, yes I do read it from time to time, highlights the gross inequality that is created by our billionaire parasite class.
     "When the world is so affected [by Covid19] we have no right to rejoice," said one private banker. "But we will have a very good year" sales of Monaco's notoriously expensive apartments are also holding up."
     Among the UK's ultra-rich who make Monaco their safe, secure bolt-hole is Philip Green, of BHS pension fund fame.
    "The pandemic has plunged economies into recession but the strong performance of global financial markets has in many cases increased the wealth of the ultra-rich, and highlighted the attractions of bolt-holes such as Monaco that promise personal safety through strict policing and video surveillance as well as as financial protection and excellent healthcare"
   and
       "Herve Ordioni, who heads a committee for promotion of Monaco as a financial centre and is also chief executive of the local operation of Edmond de Rothschild, said that his staff had to deal with six times as much trading as normal during the lockdown. "It was massive," he said. "We had an unbelievable amount of activity." "

     All this luxurious pandering, financial security, excellent healthcare, to a small parasite class, while in this country, as in ever other country, millions are struggling to put food on the table. Millions face a life of misery, deprivation and absolutely no security what so ever. Can anyone explain to me why we should put up with such a callous, brutal, exploitative system. Especially when we know there are alternatives. There is not enough outright anger on the streets yet, but hopefully it is coming and soon. 

     How about one of these, just to get away from it all for a while? 





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