Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Panicked super rich buying boltholes with private airstrips to escape if poor rise up
Mirror ^ | Jan 26, 2015 12:14 | By Alex Wellman

Posted on 01/26/2015 11:43:28 AM PST by 9thLife

Super rich hedge fund managers are buying 'secret boltholes' where they can hideout in the event of civil uprising against growing inequality, it has been claimed.

Nervous financiers from across the globe have begun purchasing landing strips, homes and land in areas such as New Zealand so they can flee should people rise up.

With growing inequality and riots such as those in London in 2011 and in Ferguson and other parts of the USA last year, many financial leaders fear they could become targets for public fury.

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.

He said: “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."

GettyAustralian outbackHideaway: Rich people are plotting to escape to remote parts of the world Mr Johnson, said the economic situation could soon become intolerable as even in the richest countries inequality was increasing.

He said: "People need to know there are possibilities for their children – that they will have the same opportunity as anyone else.

"There is a wicked feedback loop. Politicians who get more money tend to use it to get more even money."

He added: "I think the rich are worried and they should be worried. I mean inequality, why does it matter?

"Most people have heard the Oxfam statistics that now we’ve got 80, the 80 richest people in the world, having more wealth that the bottom three-point-five billion, and very soon we’ll get a situation where that one percent, one percent of the richest people have more wealth than everybody else, the 99."

(Excerpt) Read more at mirror.co.uk ...


TOPICS: Business/Economy; Conspiracy
KEYWORDS: boltholes; getaway; preppers; superrich
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-80 ... 101-113 next last
How the other half preps.
1 posted on 01/26/2015 11:43:28 AM PST by 9thLife
[ Post Reply | Private Reply | View Replies]

To: 9thLife

More power to them. I will admit to having about a years worth of stuff (and more — one year assumes I don’t hunt, plant, or do anything but watch movies as my generator hums, which obviously is not going to happen) at the well-secured ranch.


2 posted on 01/26/2015 11:46:37 AM PST by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

The prog elites are going to take their Federal Reserve notes with them.


3 posted on 01/26/2015 11:47:57 AM PST by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

BM


4 posted on 01/26/2015 11:48:04 AM PST by al baby (Hi Mom)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

The Progs are getting nervous, wonder why?


5 posted on 01/26/2015 11:48:33 AM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Preppers’ PING!!


6 posted on 01/26/2015 11:49:05 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

Hedgefunds? Aren’t they the guys that invest in stuff betting that it will go down in value? Probably a good idea to get out of dodge when most people are buying a stock to gain value, and when it crashes, you are the only guy with any money, perceived to be gained at their loss.

The thing that intersts me is has this prepping always been going on, or has it ramped up recently? Something they know?


7 posted on 01/26/2015 11:50:04 AM PST by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts 2013 is 1933 REBORN)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

They should start to worry only after DC gets torched. Michelle is no Dolly Madison you betcha!


8 posted on 01/26/2015 11:50:29 AM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

Wasn’t there a depression in the late 1800’s where people were so p!$$ed off at the bankers that they started stringing them up on gas lamp poles?


9 posted on 01/26/2015 11:50:35 AM PST by tgusa (gun control: deep breath, sight alignment, squeeze the trigger .......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

They have nothing to fear, but tar, feathers, rope and lamp post.


10 posted on 01/26/2015 11:51:17 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

We should each pick out one to perform a welfare-check on after TSHTF.


11 posted on 01/26/2015 11:51:24 AM PST by E. Pluribus Unum (Government is the religion of the fascists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: PGR88

Wow, who would have thought that economic inequality would have increased so much in the last six years? Shouldn’t huge bailouts to the banks, and GM have fixed that? Shouldn’t piles of money sent to Obama’s donors (green energy, unions, etc.) have fixed that? So strange.

And also, isn’t shocking that these rich elites so frequently advocate for their private security being the only people allowed to have guns?


12 posted on 01/26/2015 11:53:42 AM PST by thorvaldr
[ Post Reply | Private Reply | To 3 | View Replies]

To: tgusa

I seem to recall that being the Panic of 1873.


13 posted on 01/26/2015 11:55:04 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: 9thLife

It worked for Quadaffi....


14 posted on 01/26/2015 11:55:19 AM PST by Tijeras_Slim
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife
New Zealand's quite a swim, but the problem is the same that any urban prepper has: getting to the safe location. Frankly if I had an estate I'd be looking at bugging in, but that didn't help the aristos in the French Revolution very much.

I've personally solved the problem of not being one of those wild-eyed paranoids with a cabin in the weeds sitting on a stash of food, beer, and ammo, by becoming one. Saves an awful lot of strain.

15 posted on 01/26/2015 11:55:21 AM PST by Billthedrill
[ Post Reply | Private Reply | To 1 | View Replies]

To: tgusa

Grover Cleveland’s 2nd term... Don’t know the details.


16 posted on 01/26/2015 11:55:23 AM PST by BigEdLB (Now there ARE 1,000,000 regrets - but it may be too late.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: 9thLife

Didn’t Jodie Foster do a movie with a related theme? It may have been called Safe Rooms.


17 posted on 01/26/2015 11:55:25 AM PST by lee martell
[ Post Reply | Private Reply | To 1 | View Replies]

To: tgusa
Wasn’t there a depression in the late 1800’s where people were so p!$$ed off at the bankers that they started stringing them up on gas lamp poles?

I dunno, but I expect to see the idea plugged on Elizabeth Warren bumper stickers in 2016.


18 posted on 01/26/2015 11:55:28 AM PST by Buckeye McFrog
[ Post Reply | Private Reply | To 9 | View Replies]

To: 9thLife
Most people have heard the Oxfam statistics that now we’ve got 80, the 80 richest people in the world, having more wealth that the bottom three-point-five billion

I don't have any brief for the super-rich, but I can think of no statistic more misleading than a "wealth" characteristic. Using that criterion, a guy with a $200,000 IRA has more wealth than 10,000,000 folks with underwater mortgages.
19 posted on 01/26/2015 11:56:06 AM PST by Dr. Sivana (There is no salvation in politics)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 9thLife

Well, of course they do. All those New York City financial whizzes are going to run away and raise sheep.
Hahahahahahahahahahahaha!


20 posted on 01/26/2015 11:56:38 AM PST by blueunicorn6 ("A crack shot and a good dancer")
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-80 ... 101-113 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson