2mo ago

Cartier's $7.5bn owner says fear of poor rising up 'keeps him awake at night'

Says he is concerned about robots creating 'structural unemployment'

12 comments

According to Bloomberg, Johann Rupert told the conference to bear in mind that when the poor rise up, the middle classes won’t want to buy luxury goods for fear of exposing their wealth.
“How is society going to cope with structural unemployment and the envy, hatred and the social warfare?” he said. “We are destroying the middle classes at this stage and it will affect us. It’s unfair. So that’s what keeps me awake at night.”
... its almost comical how he thinks of this. The first thought is his businesses wont be able to sell luxury to anyone but the ultra wealthy.
- the middle classes won’t want to buy luxury goods
  this is the part that keeps the asswipe awake at night. poor guy.


	We have no compassion and we ask no compassion from you. When our turn comes, we shall not make excuses for the terror. But the royal terrorists, the terrorists by the grace of God and the law, are in practice brutal, disdainful, and mean, in theory cowardly, secretive, and deceitful, and in both respects disreputable.

Gilded Age and Great Depression barons funded the building of libraries and public swimming pools hoping to create the impression they have a role in society beyond predation, these bozos ain't even trying