WhatFinger

Progressives, who inexplicably still seek to coddle the worst humanity has to offer

10,000 millionaires abandon France over Islam fears

By Robert Laurie ——--March 31, 2016

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As we've argued before; when a country fails to solve its problems, those who are capable of leaving will do so. There's no reason for a person of reasonable wealth to stay in a nation that's making his or her life miserable. That's not rocket science; it's just simple economics. So, when you look at a nation like France, you might assume that the ugly trifecta of high taxation, high cost of living, and radical Islam is incentivizing the departure of the financially stable. ...And you'd be right - if you placed the emphasis on radical Islam.
A new report indicates that thousands of wealthy people have decided to abandon France in the wake of the Paris attacks. As reported by IBT, The study was "compiled by New World Wealth, an agency that gives information on the global wealth sector." So, just how bad is it?
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.
Like I said above, this probably isn't solely about terrorism but, for a lot of these people, radical Islam is likely the straw that broke the camel's back. The countries to which they're fleeing tend to confirm they've had their fill of Islamic fascists. If that's the case, what about the rest of Europe?
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.
Progressives, who inexplicably still seek to coddle the worst humanity has to offer, will no doubt argue that Islam plays no part in the exodus. They'll probably portray this as a symptom of extreme greed and avarice. Then they'll say this is a paltry number of people. However, it's pretty clear. Many of those who have the means to do so are leaving. The more Europe kow-tows to its enemies, the more it allows itself to be subjugated by their hateful ideology, the more this trend will continue and accelerate.

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Robert Laurie——

Robert Laurie’s column is distributed by HermanCain.com, which can be found at HermanCain.com

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