Global Markets
Home›Global Markets›Trade & Tariffs›A columnist warns of “Armageddon” under unrestrained b…
A columnist warns of “Armageddon” under unrestrained billionaire power
SCMP columnist Alex Lo argues that large fortunes given broad freedom could lead to catastrophic outcomes, framing it as a possible end-of-the-world scenario.
In the piece, he cites imagined risks ranging from a rogue AI breakthrough to a new world war or runaway climate change, and suggests readers may already know where the “safest places” would be based on following ultra-wealthy individuals from Silicon Valley and Wall Street.
← Newer storyEuropean MGA market seen as growth opportunityOlder story →Minerva Investment Management hires Michael Burry for short-biased fu…