We have covered income inequality here before. For instance, Guillotine Sales Booming In Europe. And as inequality soars, the nervous super rich are already planning their escapes
Is the tide beginning to shift? Perhaps. What happened in Greece over the weekend suggests that people are starting to get absolutely fed up with the FED/ECB and their financial mismanagement. Also known as destroying the middle class for the benefit of a very few wealthy individuals. The 0.01%. And as I have said before, no economy can work well over the long-term if only a few select classes benefit. We are seeing that today.
With that in mind, I don’t believe American hedge fund managers have anything to worry about. By enlarge the American population is in such a deep state of sleep that very few care, let alone understand what is happening behind the scenes. For as long as corporate media continues to scare everyone with “Terrorist Bogeyman”, Apple continues to pump out a new iPhone model every year or so and Facebook remains online………well, no revolution will occur and no hedge fund manager will get burnt at the stake.
