Last year, Rolls
Royce sold more cars
than ever before in their 100-year history,
but then the luxury industry knows no crisis.
Since 2009 the rich have become on average
6 percent richer. So while one in six Americans
now has no health insurance, Manhattan's 58
billionaires have gotten richer.
As Manuel Koch points out the ratio of return
expected by the rich has totally shifted, "People
used to be happy making three million in profit.
Today, companies like Apple account for 6
billion profit. That's profit! Not turnover."
than ever before in their 100-year history,
but then the luxury industry knows no crisis.
Since 2009 the rich have become on average
6 percent richer. So while one in six Americans
now has no health insurance, Manhattan's 58
billionaires have gotten richer.
As Manuel Koch points out the ratio of return
expected by the rich has totally shifted, "People
used to be happy making three million in profit.
Today, companies like Apple account for 6
billion profit. That's profit! Not turnover."
Video (about 28
mins):
- Forbidden Knowledge
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Alexandra Bruce
Publisher, ForbiddenKnowledgeTV.com
Daily Videos from the Edges of Science
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Publisher, ForbiddenKnowledgeTV.com
Daily Videos from the Edges of Science
Buy Books by Alexandra Bruce
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