South African Billionaire Rupert Sees Planning for Retirement Becoming Much More Difficult
South African billionaire Johan Rupert considers the possible fallout of the financial crisis at an annual meeting for analysts following the company he controls. According to Rupert, governments are "going to have to find capital in the markets, which will crowd out the private sector, or they're going to have to tax the hell out of living consumers, or inflate their liabilities into oblivion. There are not too many other options." Rupert considers inflation and broad social unrest as possible...
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