No Capital Controls for Oligarchs – Warren Buffett Buys Greek Island

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If you want to see what unrestrained parasitic financial oligarchy ultimately looks like, look no further than the humanitarian crisis in Greece turned unprecedented billionaire opportunity. With global wealth becoming more and more systemically concentrated in the hands of “insiders,” empty flats bought for tens of millions of dollars in London and Manhattan no longer cut it. These guys have billions of dollars to burn, which means they need to start buying countries; or at least parts of countries, once they’ve been intentionally run into the ground via vulture financial colonialism.

Enter Warren Buffett. Sure, he’s a harmless old grandpa, just like yours. He loves cherry coke, hamburgers, Dairy Queen, America and, you know, Greek islands.

From Newsweek:

Billionaire investor Warren Buffett has joined up with Italian real estate agent Alessandro Proto to purchase a Greek island off the coast of Athens.

Consistently ranked as one of the wealthiest men in the world, Buffett and Italian millionaire Proto, acquired the island of St Thomas for €15m last Thursday, Proto Enterprises confirmed today.

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