No. of Recommendations: 3
“ What do the Epstein emails reveal about our nation’s elite class? On an episode of Stay Tuned with Preet, former U.S. Attorney Preet Bharara is joined by writer, political analyst, and founder of the Substack publication, The Ink, Anand Giridharadas, to unpack his latest article, “How the Elite Behave When No One Is Watching: Inside the Epstein Emails.”
There is a thoughtful discussion on the Gates Foundation, philanthropy and its benefits.
https://www.youtube.com/watch?app=desktop&v=mbNU8-...
No. of Recommendations: 2
" American democracy today is in a dangerous place. The Epstein emails are a kind of prequel to the present. This is what these powerful people, in this mesh of institutions and communities, were thinking and doing — taking care of one another instead of the general welfare — before it got really bad.
This era has seen a surge in belief in conspiracy theories, including about Mr. Epstein, because of an underlying intuition people have that is, in fact, correct: The country often seems to be run not for the benefit of most of us.
Shaming the public as rubes for succumbing to conspiracy theories misses what people are trying to tell us: They no longer feel included in the work of choosing their future. On matters small and big, from the price of eggs to whether the sexual abuse of children matters, what they sense is a sneering indifference. And a knack for looking away.
Now the people who capitalized on the revolt against an indifferent American elite are in power, and, shock of all shocks, they are even more indifferent than anyone who came before them. The clubby deal-making and moral racketeering of the Epstein class is now the United States’ governing philosophy.
In spite of that, the unfathomably brave survivors who have come forward to testify to their abuse have landed the first real punch against Mr. Trump. In their solidarity, their devotion to the truth and their insistence on a country that listens when people on the wrong end of power cry for help, they shame the great indifference from above. They point us to other ways of relating."
https://archive.ph/BO6IK/again?url=https://www.nyt...
No. of Recommendations: 1
What impact might this have on demand for brkb common, going forward?
" World’s Billionaires Less Interested in Investing in North America
The world gained 287 new billionaires this year, collectively worth $684.2 billion. But they’re less keen on investing in North America than they used to be, citing policy uncertainty, high stock valuations, inflation, and how the U.S. engages the world, UBS’s 11th annual Billionaire Ambitions Report said.
Of billionaires surveyed, 63% said North America offers the greatest opportunity for returns, in the next 12 months, down from 80% who said that a year ago. Billionaires are diversifying to China and Western Europe, said Dan Scansaroli, UBS’s co-head of investment management, Americas.
UBS said 40% of billionaires view Western Europe as offering the greatest opportunity for returns, up from 18% a year ago, while 34% cite Greater China, and 33% cite the rest of Asia-Pacific, up from 11% and 25%, respectively, a year earlier.
Billionaires find China’s accommodative monetary and fiscal policies, coupled with approximately 30% lower valuations, appealing, Scansaroli said. They view China’s centrally managed goal of achieving technical superiority, including through AI innovations like DeepSeek, as a way to capture outsize returns following the rally in U.S. tech stocks.
The report, which draws from a UBS/PwC billionaire database, found that the world’s billionaire ranks rose nearly 9% through April 4, to 2,919. Their combined wealth rose 13% to nearly $15.8 trillion, from just under $14 trillion a year earlier.
What’s Next: The global Great Wealth transfer includes 91 new billionaires who collectively inherited nearly $298 billion, up 36% from inheritances a year ago. UBS estimates another $5.9 trillion will be inherited between now and 2040, said Jennifer Gabrielli, UBS’s global co-head of wealth planning and ultra high net worth advisory.
—Abby Schultz and Janet H. Cho"
