Financial experts attending the recent World Economic Forum in Davos this month revealed many wealthy hedge fund managers have already started planning escapes for themselves and their clients should life in the northern hemisphere descend into chaos.
Robert Johnson, president of the Institute of New Economic Thinking, 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.’
Pointing out that the gap between the rich and the poor was increasing even in wealthy countries, Mr Johnson added: ‘People need to know there are possibilities for their children – that they will have the same opportunity as anyone else.’
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