Ncitibank memo plutonomy pdf

In the foreword to the book, from lehman to demonetization, kv kamath, president of new development bank of brics countries, has written. In a report called the plutonomy symposium rising tides lifting yachts, ajay kapur, citigroups global strategist, says the balance sheets of. Although they havent figured it out yet, this is really what the occupy movement is protesting. The plutonomy symposium rising tides lifting yachts plutonomy update. Whether or not the rapid productivity growth observed at the end of the 1990s will continue is an important and open question. Citibank leaked memo plutonomy pdf in, citigroup came out with a brochure for investors called plutonomy. Chamber of commerce for opposing the major expansion of government power being proposed in washington. Since 2000 was the peak year in equities, and the top 1% of households have a lot more equities in their net worth than the rest of the population who tend to have more real estate, these data might exaggerate the u. This citigroup memo 6674229citigroupmar52006plutonomyreportpart211 is worth reading and perhaps would be good as a class reading assignment.

Leaked citibank memo plutonomy pdf plutonomy is a term that citigroup analysts have used for economies where economic growth is powered by and largely consumed by the wealthy few. He has extensive experience representing a broad range of financial institutions, as well as. Volume 2 of this series discusses innovation and patent policies. Much of the recent increase in inequality in englishspeaking. Michael moores leaked citibank plutonomy memo unsettling. Plutonomy the citigroup plan for the megarich at cost. A critical note on fractionalreserve free banking mises. In october 16, 2005, citigroup came out with a brochure for investors called plutonomy. Realtime aggregation of realactivity macro surprises chiara scotti federal reserve board june 15, 2012 abstract i construct two realtime, real activity indexes. Heres citigroup plutonomy report part 2 in convenient. Many of the chapters in this book are based on papers that were presented and discussed during two. And of course, anybody who brings up the political agenda of groups such as mont pelerin or documents such the powel memo or the one above is made out to be a lunatic. In september 2006 citigroup published a report which they files6674234citigroupoct162005plutonomyreportpart1.

This momentous occasion which most of you witnessed at the opening ceremony on september 17, 2007, not only. As global strategists, this got us thinking about how to buy stocks based on this plutonomy thesis, and the subsequent thesis that it will gather strength and amass breadth. Maybe im the last person whos hearing about the citigroup plutonomy memos, but theyre blowning me away. In researching this idea on a global level and looking for stock ideas we also. Two bombshell documents that citigroups lawyers try to suppress, describing in detail the rule of the first 1%. Hurling halftruths and red herring arguments in an article for slate, he advocated jeopardizing public workers retirement security for political ends. People would probably get angry about it, except the second plutonomy report has been steadily disappearing from the interent since it leaked. We are obsessed admiring or evaluating the least harmful of the plutocrats representatives, instead of running for direct democracy by referendum. By the way, if anyone has difficulty with adobe pdf, i have been using an open source pdf reader called sumatra.

A plutonomy is an economy powered by the wealthy and characterised by growing disparities between the top 1 % of society and the rest. Citigroup economic surprise index the financial engineer. Is it necessary that all the promotersproposed subscribers to memorandum as mentioned in form 1a should take some shares and sign the subscribers sheet to be attached to moa and aoa. Buying luxury, explaining global imbalances by ajay kapur, niall macleod and narendra singh. I mentioned 7 promotersproposed subscribers to memorandum in form 1a. Capitalism, plutonomy and the pursuit of wealth the. Download all posts by politicalgates about the faked pregnancy as pdfdocument here.

The input consists of the actual econometric data that moves foreign exchange markets the bigger the data moves forex markets, the more significant. The global investigator the plutonomy symposium rising tides lifting yachts time to recommit to plutonomy stocks binge on bling. Plutonomy plutonomy is a term that analysts of citigroup have used for economies where economic growth is powered by. After 24 years, the bank finally opened and moved into its brand new head office building on kofo abayomi street, in victoria island, lagos. Plutocracy citibank memo pdf the citigroup plutonomy memos. Posted on june 21, 2011 by babak the citigroup economic surprise indexes are a clever concoction that measures the variations in the gap between the expectations and the real economic data. Its almost a year since we made up the word plutonomy. The world is dividing into two blocs the plutonomy and the rest. We think this income and wealth inequality plutonomy helps explain many of. Equity multiples appear too low, the profit share of gdp is high and likely going higher, stocks look likely to beat housing, and we are bullish on equities. Jaffe, josh lerner, and scott stern, mit press, cambridge ma, 2002.

The citigroup plutonomy memos saturday, october 16, 2010 at 04. But there is as tom hickey says a button to download the pdf file, right at the top line. Realitybase readers know that i think this is in large part due to. Download all posts by politicalgates about the faked pregnancy as pdf document here.

Leaked citigroup memo shows economic domination agenda of. The history of plutonomys conceptual development remains clouded in secrecy. A value of 84 feet below surface stated as being the current in the area. But the fact that plutonomy as a realworld political phenomenon is conceptually driven, rather than merely an historical accident, emerged to public view in 2005 when the first of three citigroup documents prepared for its wealthiest clients were leaked. Perhaps one reason that societies allow plutonomy, is because enough of the electorate believe they have a chance of becoming a plutoparticipant. You need to include an efile optout request form with a paper tax return. We win because you fail to vote lets rephrase this view. Plutonomy memo poverty law poverty law poverty law. Economic research suggests several insights into the answer.

Citigroup plutonomy report part 1 oct 16, 2005 the world is dividing into two blocs the plutonomy and the rest. But there is as tom hickey says a button to download the pdf file, right at the top line of the document. Plutonomy only works if the members of a society have the impression that they can still participate. Citigroup plutonomy october 2005 pdf the first memo is dated october 16, 2005 35 pages and is titled. The following transfer of appropriations rules are in effect for the current fiscal year. Annabel is seated in one of two elegant chairs, looking out the window of her london home.

There are rich consumers, and there are the rest look up plutonomy in wiktionary, the free dictionary. Copy of the sharing economy by lalita nandoe on prezi. Innovation policy and the economy, volume 2 technology. Moving on, its a rather long document with second and third companion memos. Stop wasting time in meetings and be more productive at work.

Plutonomy the citigroup plan for the megarich at cost to everyone else. To permit flexibility in the handling ofappropriations, any department oragency that receives an appropriationby law,may. We, the majority of citizens, loose because we fail to run for office. Luckily for us, i have access to all manner of expunged primary source documents through bit torrent.

Wait, now that i look around, i see that yves smith at naked capitalism posted about this on october 15, 2009, almost three years ago, and called for people to protest the annual meetings of the american bankers. Buying luxury, explaining global imbalances urging investors to put money into a plutonomy basket here are my favorite excerpts. The nj1040 nj1041 form that is available from the divisions website has a check off box instead of an oval. Resilience and growth in the small states of the pacific.

Equity multiples appear too low, the profit share of gdp is high and likely going higher, stocks look likely to beat housing, and we are bullish on. The future of the new economy federal reserve bank of. Those reports, since leaked, plainly discuss the power of the plutonomy in america, and how it would only strengthen, as long as the the rest us the nonplutonics could be kept in the dark about the plutonomy existence, its role, and its overarching control in the american. But now citibank is trying to suppress revisiting plutonomy. Both reports were leaked and made available on the web. You must also fill in the nj1040o oval on the tax return and keep a copy of the completed form nj1040o for your records. Of interest is that the water in the wells is at much lower dept, indicating that the system may be. Resilience and growth in the small states of the pacific gathers recent analytical work on the challenges pacific island countries face and the policy responses they could consider to overcome them. The memo says the world is dividing into two blocs the plutonomy and the rest. Citigroups shocking plutonomy reports ht michael moore. Citigroup wrote memos in 2005 and 2006 addressed to investors, basically saying that the world is dividing up more and more into a small. Plutonomy definition and synonyms of plutonomy in the english. Citigroup memo predicted ows movement over half a decade ago. Michael moore highlights a confidential report that citigroup initially circulated only to its wealthiest customers.