Tuesday, 1 May 2012
Rich get Even Richer
According to this year’s Sunday Times ‘Rich List‘ – the wealth of the richest in the UK has risen to record levels. Although the three richest, Lakshmi Mittal – the Indian steel magnate, Alisher Usmanov – Russian iron ore producer and Roman Abramovich – Russian owner of Chelsea football club all have seen their fortunes fall in the year. Mittal is down to his last £12bn, as is Usmanov and Abramovich is now having to manage on less than £10bn.
Humour aside, these figures do confirm that the Coalition’s policies are hurting the vast majority and advantaging the richest. It further demonstrates the mockery of Cameron’s ‘we are all in it together’ and does create an increasingly more dangerous situation as the blatant injustice of the Coalition’s policies becomes more stark.
The stoic Brits do not take to the streets as easily as their Mediterranean cousins which means that if civil unrest does develop it is likely to be more serious because far more rage and discontent will have been suppressed.
Either this, or voters are likely to turn to one of the more extreme parties, like the BNP or EDL which would have very undesirable consequences.