Billionaire crisis

The billionaire crisis: easy come, easy go Rapper Notorious B.I.G. may have said it best when he sang, “Mo money, mo problems.” The global uber rich have no shortage of complaints right now, given volatile markets where we have witnessed the combination of the commodities downtrend, the unwinding of petrodollar flows, banks getting fined for managing secret accounts and the arrival of negative interest rates. On top of all of that, those opting to stash cash offshore have found that the practice is a lightning rod for criticism. In the recent Panama…