Another sign of an huge money crisis ahead?
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Another sign of an huge money crisis ahead?
Analysis by investment group AJ Bell shows that 54 companies in the FTSE 100 index have handed out £48bn to investors in the last two years - despite having a £52bn pension black hole. Oil giant Royal Dutch Shell, for example, last year handed £8bn to shareholders despite figures showing it had a £6.7bn funding gap in 2014.
http://www.dailymail.co.uk/money/new...reholders.html
IMO, all ingredients to a massive global devaluation of money, starting with USA. Long overdue.
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I've been saying it for over 2 decades... Publicly owned companies and their shareholders as well as commodities traders who never take delivery are 100% responsible for most of the world's economic woes. I've even made several posts about it here.
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www.mishtalk.com if anyone is interested in reading an economic analyst who actually knows what he's on about.