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Stephen Pope is the founder and Managing
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He has worked in the international capital...



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Inequality

Thursday January 23rd 2014

 
images/uploads/SPL Inequality 23-01-14(2).pdf


Client response:

Great piece.  Very thought provoking.  Thank you. 

Ronald Florance, CFA

Deputy Chief Investment Officer   Wells Fargo Wealth Management


Dear Stephen,

I hope you are fine.
I always read your e-mails and  I really have to say, apart the fact, that you are always writing
interesting pieces, that this one, definitely touch the real problem nowadays.

In year 2008 all the Governments did actually the right thing: help help help

But the corruption and greed make sure, that all the liquidity and money go only to the top 10.......the rest stay with crumbs.

In the PIIGS actually nothing change, the top cash in, the bottom suffer even more than before 2008.....this situation is unsustainable, and will end up bad, with a big revolution........

wish you a nice day

Gabriel (Zurich)


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