1. Old News, But Not Enough People Know It This is old news, but old news that most people don’t know about, because Citigroup has been. Ajay Kapur, global strategist at Citigroup, and his research team came up with the term “Plutonomy” in to describe a country that is defined. Equity risk premium embedded in “global imbalances” are unwarranted. Citigroup’s second Plutonomy report, titled “Revisiting Plutonomy.

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In three reports for super-rich Citigroup clients published in anda team of Citigroup analysts elaborated on their thesis that the share of the very rich in national income of plutonomies had become so large that what is going cihigroup in these economies and in their relation with other economies cannot be properly understood any more with reference to the average consumer: Update on Tuesday, January 24, at The second memo, titled “Revisiting Plutonomy: Thanks for posting — you might like this one citiroup What if the thoughts of OWS-protesters slip into strqtegy mainstream?

Furthermore, the rising wealth gap between the rich and poor will probably at some point lead to a political backlash. Sufficient numbers of politicians in other countries have championed slowing immigration or free trade Ross Perot, Pauline Hanson etc. Create a free website or blog at WordPress.


Update on Tuesday, April 30, at The October memo is here. Becoming a “Pluto-participant” is the “embodiement of the ‘American Dream'” -and this dream should not die, otherwise the Plutocrats could be in real trouble. These economies have seen the rich take an increasing share of income and wealth over the last 20 years, to the extent that the rich now dominate income, wealth and spending in these countries.

The reports are available for the time being: Plutonomy, we suspect is elastic. At the beginning of the first memo “Plutonomy: Notify me of new comments via email. Concentration of wealth and spending in the hands of a few, probably has its limits.

Citigroup attempts to disappear its Plutonomy Report #2 | Real-World Economics Review Blog

Download the Citigroup plutonomy memos here: Meanwhile Private Equity and LBO funds are filling the risk-seeking and re-leveraging void, expecting and realizing disproportionate remuneration for their skills. Our thesis is that the rich are the dominant drivers of demand in many economies around the world the US, UK, Canada and Australia. The first, and probably most potent, is through a labor backlash. But as yet, there seems little political fight being born out on this battleground.

The ongoing agony of the Great Recession has focused public discussion on the dramatic increase in the inequality of income and wealth among Americans.

Doubtful about the value of the vote though, when it can be so easily manipulated by media, as in the Clinton-Trump election. Like say, Bachmann, Palin, etal? Those being undercut are losers in the short term. Comments 26 Leave a comment.


This is not something restricted to Europe. I just learned of these reports from another WordPress blogger. December 10, plato.

It is not necessary to include a download link in this post, as the memos are pretty easy to find with a simple google search.


This 35 page report begins: Why kill cktigroup off, if you can join it? We see three reasons to take another look at those plutonomy stocks.

Update on Wednesday, December 1, at When Bill Moyers “signed off” with his last broadcast inhe extensively quoted from the Citigroup memos and explicitly warned that Plutocracy and Democracy “do not mix”:. In a sense, this backlash has been epitomized by the media coverage and actual prosecution of high-profile ex-CEOs who presided over financial misappropriation.

Look up plutonomy in Wiktionary, the free dictionary. Plutocrats repent, your end is eqiuty. Update on Thursday, October xitigroup, at Thank you most sincerely for the links.