THE WALL STREET JOURNAL– Last year, I
was at a billionaire’s home in California and I asked him to describe his
biggest worry. He pointed to a 19th century painting on the
wall, which depicted a female beggar receiving alms from a wealthy gentleman
and giving her patron a flower in return.
“That’s what I worry about,” he said. “But instead of flowers, she’s got guns. Violence in the streets, aimed at the wealthy. That’s what I worry about.”
It turns out he wasn’t alone. A new survey from Insite Security and IBOPE Zogby International of those with liquid assets of $1 million or more found that 94% of respondents are concerned about the global unrest around the world today.
Fully 90% of respondents have a negative view of the current global economic climate and 41% say they have little or no faith that the U.S. will be able to right itself in this fiscal climate.
More than a third said security concerns have negatively affected business or investment plans.
Read more about Why the Rich Fear Violence in the Streets
© 2011 The Wall Street Journal
Photo by Flickr user the euskadi 11
