Wednesday, January 28, 2015
How the wealthy bug out
. . . and how it will do them no good whatsoever.
The wealthy are making bug out plans. They are buying private farms next to private air strips.
It has happened before. When the Roman Empire was falling, many of the elite and wealthy retreated to their fortified country villas. So how did that work for them? Picture this: hordes of barbarians and villas full of nice stuff. How do you think that turned out? Maybe they even had some private security. How much is bought loyalty worth when the barbarians are at the gate?
Let's just say that the territories of the former Roman Empire are not dotted with wealthy villas populated by the decedents of the original owners. Instead, the lands are covered with castles and fortifications built during the “dark” ages by folks who once were the barbarians.
Elite retreat locations have some value. If your countrymen are approaching your estate with pitchforks and torches, it might be a good idea to have a place and assets in another country. Dictators from around the world have followed this plan. It only works when the problem is localized. There has to be a nice stable place to go to. In a globalized world, those islands of stability look both small and temporary. The rich's success in bringing the world under one big umbrella will be their downfall.
Their best defense for long term survival is a fully functioning society that's fair and equitable. Of course, that might cut into short term profits, so I'm betting with the barbarians.