Which means that around three-quarters of the money that financed the industrial revolution in the C19th is now locked up in property or in the dead hand of institutional investors. Not much hope of an economic recovery then.
The world survived Pakistan developing nukes, the USSR developing nukes, India developing nukes, China developing nukes. When each of these countries developed nukes, we were sure the world was coming to an end. It didn't and it won't.
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Which means that around three-quarters of the money that financed the industrial revolution in the C19th is now locked up in property or in the dead hand of institutional investors. Not much hope of an economic recovery then.
The world survived Pakistan developing nukes, the USSR developing nukes, India developing nukes, China developing nukes. When each of these countries developed nukes, we were sure the world was coming to an end. It didn't and it won't.
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