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Thu Mar 31, 2016, 08:45 PM

 

France: Exodus of 10,000 millionaires amid rising Muslim tensions

Religion starts trickle of exodus, with tremors in "UK, Belgium, Germany and Sweden".

France: Exodus of 10,000 millionaires amid rising Muslim tensions

Rising tensions in France, especially in Paris following a series of Islamist terrorist attacks in 2015, have spurred an exodus of its super-wealthy citizens, a new report on migration trends of millionaires and high-net worth individuals across the world reveals. The report warns that other European countries, including the UK, Belgium, Germany and Sweden "where religious tensions are starting to emerge", will also see similar trends.

According to the report, Millionaire migration in 2015, France topped the list of countries with maximum millionaire outflows as it lost 10,000 millionaires, or 3% of its millionaire population. Among the cities that saw maximum millionaire outflow, Paris, was at the top losing about 6% of its millionaire population or 7,000 millionaires in 2015 to the UK, the US, Canada, Australia and Israel.

"The large outflow of millionaires from France is notable France is being heavily impacted by rising religious tensions between Christians and Muslims, especially in urban areas. We expect that millionaire migration away from France will accelerate over the next decade as these tensions escalate," the report warns.

http://www.ibtimes.co.uk/france-sees-millionaire-exodus-religious-tensions-rise-1552423

5 replies, 1878 views

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Reply France: Exodus of 10,000 millionaires amid rising Muslim tensions (Original post)
Albertoo Mar 2016 OP
thereismore Mar 2016 #1
Albertoo Mar 2016 #2
packman Mar 2016 #3
Albertoo Mar 2016 #4
SoLeftIAmRight Mar 2016 #5

Response to Albertoo (Original post)

Thu Mar 31, 2016, 08:51 PM

1. Pretty soon there won't be a safe place for the millionaires on this Earth. nt

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Response to thereismore (Reply #1)

Thu Mar 31, 2016, 08:58 PM

2. My point was to illustrate a negative effect of religion

 

The millionaires are leaving because they can.
3% of a subgroup leaving in one year, that's the whole group out in one generation.

That's a lot. And the stated reason is religious tension.

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Response to Albertoo (Original post)

Thu Mar 31, 2016, 10:31 PM

3. Well, France has a history with the rich and the poor not getting along

can anyone say, "Madam Guillotine" If I did my math right France had 333,333 or so millionaires? Is that a large number in relation to its population?

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Response to packman (Reply #3)

Thu Mar 31, 2016, 10:47 PM

4. In France (and Europe), religion killed more than the guillotine.

 

In France alone, the revolutionary guillotine killed less than the wars of religion

The French Wars of Religion (156298) is the name of a period of civil infighting and military operations, primarily fought between French Catholics and Protestants (Huguenots). Between 2,000,000 and 4,000,000 people were killed as a result of war, famine and disease, and at the conclusion of the conflict in 1598, Huguenots were granted substantial rights and freedoms by the Edict of Nantes, though it did not end hostility towards them.
https://en.wikipedia.org/wiki/French_Wars_of_Religion

And in Europe as a whole (no guillotine), the Thirty Years War left generations scarred by its horror (to be fair, it started as a religious war, then became a free-for-all)

The Thirty Years' War was a series of wars in Central Europe between 1618 and 1648. It was one of the longest, most destructive conflicts in European history.[15] Initially a war between Protestant and Catholic states in the fragmenting Holy Roman Empire, it gradually developed into a more general conflict. So great was the devastation brought about by the war that estimates put the reduction of population in the German states at about 25 to 40 percent.
https://en.wikipedia.org/wiki/Thirty_Years%27_War

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Response to Albertoo (Original post)

Thu Mar 31, 2016, 11:06 PM

5. yea!

 

good news

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