Germanys super rich no other european country has as many billionaires and while their fortunes are growing more and more germans are living under the poverty line set by the organization for Economic Cooperation and development the o. E. C. D. The press frequently reports on the countrys high income inequality and low social mobility but little is known about the super rich the truth see it sure money attracts success and success attracts money as i do believe that and ive experienced myself how you can suddenly connect with people previously out of reach for. Germanys super wealthy how do they live and how do they see the country they live in. The way wealthy people in germany are talked about bothers me because it sensationalizing and sycophantic and and in no way reflects what wealthy people have done and continue to do for this country for produce long close them but. I need creates this impression of rich people being like Scrooge Mcduck that they have these money bins in which t
I think what is different today is coming out the crisis, what youve seen banks do, is go back to their basics or go back to the areas they believe they have a competitive advantage. And that competitive advantages oftentimes steeped in scale. When we think of scale and whether scales in markets or Business Bank its or many business. Todays age of Slower Growth and more regulation, if you dont have scale, the odds are you cant buy it. You are not seeing big banks get bigger through acquisition. You have to build it. Slower growth, its tougher to do. ,hat weve seen is the industry in many ways, pull back to areas of strengths. Youve ended up with very different Business Models, which in itself are far more resilient. We can use different examples of firms out there in terms of how they change. Examples, cities as we are not an insurance company. We are not an asset manager. Were not a hedge fund. We are not any of those things. Were simply a bank. Thats the scale that we have pulled bac
A foreign adversary and the sitting president s campaign, the white house and the gop is in full change the subject mode. The scandal is not what we know, its how we know it. In a throw back to the benghazi days, theyve got a familiar scapegoat. Former National Security adviser susan rice. I believe susan rice abused the system, and she did it for political purposes. She needs to be brought in and questioned under oath. In terms of political manipulation of National Security information, susan rice, in my view, has done it in the past. When it comes to susan rice, you need to verify, not trust. Susan rice is the typhoid mary of the Obama Administration Foreign Policy. Every time something went wrong, she seemed to turn up in the middle of it, whether it was benghazi what is it that susan rice is supposed to have done . Well, republicans say she tried to access the names of u. S. Individuals caught up in intelligence surveillance, a process known as unmasking, and somehow abused her pos
Germanys super rich no other european country has as many billionaires and while their fortunes are growing more and more germans are living under the poverty line set by the organization for Economic Cooperation and development the o. E. C. D. The press frequently reports on the countrys high income inequality and low social mobility but little is known about the super rich the truth see it sure money attracts success and success attracts money so i do believe that and ive experienced myself how you can suddenly connect with people previously out of reach for the kind of shows you how to. Germanys super wealthy how do they live and how do they see the country they live in. The way wealthy people in germany are talked about bothers me because it sensationalizing and sycophantic and and in no way reflects what wealthy people have done and continue to do for this country for this long clothes on but. I need a creates this impression of rich people being like Scrooge Mcduck that they have