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Why Are Thousands Of Millionaires Fleeing Chicago And Other Major Cities Around The World?
TEC ^ | 04/18/2016 | Michael Snyder

Posted on 04/18/2016 1:58:16 PM PDT by SeekAndFind

The elite are fleeing major cities around the globe at a staggering rate. In fact, the Chicago Tribune is reporting that approximately 3,000 millionaires left the city of Chicago alone during 2015. The same study discussed in that Chicago Tribune article found that 7,000 millionaires left Paris, France last year. So why is this happening? Why are thousands of millionaires suddenly packing up and moving away from the big cities? Could it be possible that they have many of the same concerns that “preppers” do about what is coming?

For quite a while, I have been writing about how the elite have been preparing for the coming collapse. But I had no idea that literally thousands of them are packing up and permanently leaving our major cities. As I mentioned above, the Chicago Tribune is reporting that about 3,000 of them left the city of Chicago alone during the previous calendar year…

Millionaires are leaving Chicago more than any other city in the United States on a net basis, according to a new report.

About 3,000 individuals with net assets of $1 million or more, not including their primary residence, moved from the city last year, with many citing rising racial tensions and worries about crime as factors in the decision, according to research firm New World Wealth.

But of course this is not just happening in Chicago, nor is it just an American phenomenon.

Actually, the two cities that lost the most millionaires last year are both located over in Europe

Paris saw the largest exodus.

The French city lost 7,000, or 6 percent, of its millionaires, followed by Rome, which lost 5,000, or 7 percent.

It is true that some of these millionaires are moving for tax reasons, but many others are quite concerned that humanity is hurtling toward a deeply apocalyptic future, and they want to get prepared for what is about to happen while they still have time.

In eastern Germany, one company known as “Vivos” has spent an enormous amount of money converting an underground facility built by the Soviets during the Cold War into the largest private shelter on the planet. It is called “Europa One”, and it is being billed as an ultra-luxury survival bunker for the elite.

The following comes from their official website

Located in the heart of Europe is one of the most fortified and massive underground survival shelters on Earth, deep below a limestone mountain. Built by the Soviets during the Cold War, this shelter was a fortress for military equipment and munitions. Now privately owned, this 76 acre above and below ground hardened facility is capable of withstanding a substantial close range nuclear blast, a direct airliner crash, biological and chemical agents, massive shock waves, earthquakes, electro-magnetic pulses, and virtually any armed attack.

This irreplaceable complex is now being re-tasked as Vivos Europa One, becoming the world’s largest and most fortified underground shelter for long-term, uncompromising protection of high net worth individuals, their families, and most precious assets when no other above-ground exfiltration solution will suffice.

The complex includes over 21,108 square meters (227,904 square feet) of secured, blast proof living areas; and, an additional 4,079 square meters (43,906 square feet) of above-ground office, apartments, warehouse buildings, and its own train depot. Collectively there are over 5 kilometers (3.1 miles) of continuous tunnel chambers.

An RT report that was posted on YouTube right here contains some stunning visuals from the inside of this facility. Personally, I was quite stunned when I saw the extent of their preparations for the first time…

This is something that I could go on and on about, but I won’t. If you are interested in reading more, please see my previous article entitled “Superyacht Getaway Subs And Luxury Bomb Shelters: The Elite Are The Most Paranoid Preppers Of All“.

As I was preparing for this article, I remembered something that Zero Hedge just reported that I think relates to this subject. It turns out that “the smart money” has been net sellers of U.S. stocks for 11 weeks in a row…

Last week, during which the S&P 500 was down 1.2%, BofAML clients were net sellers of US equities for the 11th consecutive week. Net sales of $1.7bn were smaller than in the prior week, but all three client groups (hedge funds, institutional clients, private clients) remained net sellers, led by institutional clients.

So why are the elite dumping stocks like crazy right now?

Don’t they realize that the stock market has been going up?

Could it be possible that they have information that the rest of us do not?

Most people have absolutely no idea how vulnerable our society truly is, or how very easy it would be to plunge the general population into a state of utter chaos.

That is why I am so glad that Mike Norris (the son of Chuck Norris) is coming out with his new movie entitled “AmeriGEDDON”. This film imagines a time when a global terror organization disables the U.S. power grid and martial law is instituted. Rioting, looting and civil unrest break out, and the government moves in to disarm the citizens and “restore order”. You can watch the official trailer for this new film right here

Could we actually witness such a scenario in our future?

Well, I don’t expect to see anything like this next month, but in my new book I explain why I believe that America is heading for a future that is even more apocalyptic than the one portrayed in “AmeriGEDDON”.

Everywhere you turn, our world is becoming increasingly unstable. Economic collapse has already gripped some areas of the planet, there is tremendous geopolitical instability in the Middle East, Islamic terror is on the rise, there have been outbursts of civil unrest all around the world, and just this week we have seen a series of very alarming earthquakes and volcanic eruptions.

Many people believe that we are entering a period of time when an unprecedented confluence of events will combine to create a “perfect storm” which will shake the world to the core.

And it isn’t just “preppers” that feel this way. As you have just seen, thousands of millionaires are so concerned about changing conditions that they are fleeing the major cities.

So before you dismiss all of this apocalyptic talk as “nonsense”, perhaps you may want to consider what the elite may know that you do not.


TOPICS: Business/Economy; Society
KEYWORDS: chicago; millionaires; taxes
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To: SeekAndFind

Could it be the influx of “immigrants” making life unbearable for the native populations? Millionaires have the resources to relocate.


21 posted on 04/18/2016 2:14:49 PM PDT by LibertarianLiz
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To: SeekAndFind

Those bunkerbunnies will have to come out sometime, and when they do........


22 posted on 04/18/2016 2:14:49 PM PDT by Thumper1960 (Trump-2016)
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To: SeekAndFind

“Most people have absolutely no idea how vulnerable our society truly is, or how very easy it would be to plunge the general population into a state of utter chaos.

That is why I am so glad that Mike Norris (the son of Chuck Norris) is coming out with his new movie entitled “AmeriGEDDON”. This film imagines a time when a global terror organization disables the U.S. power grid and martial law is instituted. Rioting, looting and civil unrest break out, and the government moves in to disarm the citizens and “restore order”. “

They are trying to survive, moving to safer places, than big cities most likely to be attacked by terrorists.


23 posted on 04/18/2016 2:14:52 PM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: SeekAndFind
Why Are Thousands Of Millionaires Fleeing Chicago And Other Major Cities Around The World?

I'm not reading that article. If they are wondering, then the article is likely chock full of over analyzed crap.

24 posted on 04/18/2016 2:18:46 PM PDT by Tenacious 1 (You couldn't pay me enough to be famous for being stupid!)
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To: kosciusko51
Galt’s Gulch

If your posting from there, shhhhhh. Loose lips sink ships. ;o)

25 posted on 04/18/2016 2:20:02 PM PDT by Tenacious 1 (You couldn't pay me enough to be famous for being stupid!)
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To: SeekAndFind

LOL! I escaped Los Angeles 34 years ago and I was only a printer making $7.50 an hour. But I could see the writing on the wall way back then. I’m surprised that it’s taken this long.


26 posted on 04/18/2016 2:24:17 PM PDT by Seruzawa (If you agree with the French raise your hand. If you are French raise both hands)
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To: I am Richard Brandon
About six years ago, my daughter was being interviewed for nanny jobs. One of them was a millionaire couple from Chicago who lived in those ritzy places on the lake shore. They sent an limo to the house to pick her up, paid for her flight to Chicago and back, and another limo to get her home. I'm guessing well over $1000 and all to interview a nanny.

She ended up taking a job with a professional couple in New Jersey, but she sure had some tales to tell about the monied classes in Chicago, suburban New York and the Bay Area, where she interviewed for other jobs. She earned enough in a year and a half to pay for most of her last two years of college.

27 posted on 04/18/2016 2:25:25 PM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: Seruzawa

Well the state has a LOT of natural God-given advantages.
It takes a long time for liberal idiots to degrade something that good.


28 posted on 04/18/2016 2:26:18 PM PDT by nascarnation
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To: SeekAndFind

I think the Lucifer’s Hammer result is more likely. When these rich guys show up their armed guards will already have taken over and put their own friends and families inside instead.


29 posted on 04/18/2016 2:27:07 PM PDT by Seruzawa (If you agree with the French raise your hand. If you are French raise both hands)
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To: All

Check out Wormwood on youtube. If they think its coming they are heading for the elite’s underground facilities.


30 posted on 04/18/2016 2:29:06 PM PDT by In God I trust
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To: SeekAndFind

It’s because they are hostile to normal, hard working people.


31 posted on 04/18/2016 2:32:58 PM PDT by Trillian
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To: SeekAndFind

They realize they are at some considerable risk from ferals.


32 posted on 04/18/2016 2:36:16 PM PDT by hal ogen (First Amendment or Reeducation Camp?.)
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To: gorush

“Rich or poor, I can only live happily in a 10 (or less) people/square mile area.”

And I would find that downright creepy.

Different strokes,I guess.

.

.


33 posted on 04/18/2016 2:57:13 PM PDT by Mears
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To: SeekAndFind

They do not want to do the right thing, stay there, and pay their fair share.

Hell most probably voted for the schmucks who are taxing them so much. Then they think they can just leave and screw up some other area?


34 posted on 04/18/2016 3:03:24 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Mears

Man that would be sweet.


35 posted on 04/18/2016 3:04:00 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: SeekAndFind

When you have an angry left rising world-wide with a socialist Catholic pope, EU head and American President, plus years of demonizing Big Business and the rich, moving somewhere it is harder to get lynched is not unreasonable.


36 posted on 04/18/2016 3:06:02 PM PDT by tbw2
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To: johniegrad

Privilegia.

Oligarchianda.

Upper Crustia.

Affluentia.

Inner Party City.

Silver Spoonville.


37 posted on 04/18/2016 3:08:10 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: SeekAndFind

They just found out that they don’t really have control of the Frankenstein monster they created. “Eff you peasants with pitchforks, you’re on your own!”


38 posted on 04/18/2016 3:13:54 PM PDT by Sirius Lee (Crump or Lose 2016)
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To: Mears

indeed.


39 posted on 04/18/2016 3:42:30 PM PDT by gorush (History repeats itself because human nature is static)
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To: SeekAndFind

They know the collapse is coming and the worst place to be is in a large city.


40 posted on 04/18/2016 3:45:48 PM PDT by Organic Panic
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