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Opinion
The Millionaires Are Fleeing. Maybe You Should, Too.
Wealthy people are often the first to ship their money to safer havens abroad. That can be a leading indicator of when a country is in trouble.The data set is small and the numbers are averages.
http://www.newworldwealth.com/
https://www.worldwealthreport.com/
https://www.nytimes.com/by/ruchir-sharma
"Ruchir Sharma, a contributing opinion writer for The New York Times, is the head of emerging markets and chief global strategist at Morgan Stanley Investment Management. Mr. Sharma drew on his extensive global travels for the books “Breakout Nations: In Pursuit of the Next Economic Miracles” and “The Rise and Fall of Nations: Forces of Change in the Post-Crisis World.”
Ruchir Sharma, a contributing opinion writer for The New York
Times, is the head of emerging markets and chief global strategist at
Morgan Stanley Investment Management. Mr. Sharma drew on his extensive
global travels for the books “Breakout Nations: In Pursuit of the Next
Economic Miracles” and “The Rise and Fall of Nations: Forces of Change
in the Post-Crisis World.”
Mr. Sharma started writing at the age of 17 for India's main economic daily newspaper, The Economic Times. His work has appeared in Foreign Affairs, Foreign Policy, The Washington Post, The Wall Street Journal and The Financial Times. Bloomberg Markets named Mr. Sharma one of the 50 most Influential people in the world in 2015. He is a dedicated sprinter who represented India at the 2011 World Masters Athletics Championships. He lives and works out of New York."
Ruchir Sharma is shilling for Morgan Stanley.
https://en.wiktionary.org/wiki/shill#English
He has a point.
Much of the fugitive wealth is dodging taxes in one form or another.
I do not want to do that.
I want to pay less "rent".
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Mr. Sharma started writing at the age of 17 for India's main economic daily newspaper, The Economic Times. His work has appeared in Foreign Affairs, Foreign Policy, The Washington Post, The Wall Street Journal and The Financial Times. Bloomberg Markets named Mr. Sharma one of the 50 most Influential people in the world in 2015. He is a dedicated sprinter who represented India at the 2011 World Masters Athletics Championships. He lives and works out of New York."
Ruchir Sharma is shilling for Morgan Stanley.
https://en.wiktionary.org/wiki/shill#English
He has a point.
Much of the fugitive wealth is dodging taxes in one form or another.
I do not want to do that.
I want to pay less "rent".
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keep trying.
Movies
‘Solo’ Is Running on Fumes at the Box Office
The “Star Wars” film dropped off steeply in its second week, making just $29.3 million domestically.Thud and blunder usually does not do well with mass audiences.
"Indiana Jones goes out of this world" has gotten old.
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