And feed the poor,
until there are no
poor no more.
Hey, it works! England, along with France is in the process of proving it. The citation from France says that Sothebys has sold more than €1.7 million worth of high-end property from April to June this year. If you're looking for a nice place in France, this probably signals the time to buy. Note: The WSJ's real estate section last week decided to specialize in really upscale properties and if you got below $1M, you were living on the wrong side of the tracks for sure. €1.7M is probably only 2 properties. Either that of the price of real estate in France is lower than I thought.
On the bright side, they're making real progress in reducing the income gap between the rich and the poor although this bodes ill for all those government programs once the people who have to pay for them pack up and leave.
Wave of the future: The Cayman Islands becomes a major manufacturing trade and financial center after a consortium of wealthy capitalists buys the place outright. The locals, newly rich from the sale of their country, readily agree to the new name: New Hong Kong, which becomes the only sovereign country to be traded on international stock exchanges.