I like to say that, in Europe, we believe in a peculiar kind of social mobility. Social mobility ends in middle class. The old aristocracy has secured its benef

I like to say that, in Europe, we believe in a peculiar kind of social mobility. Social mobility ends in middle class. The old aristocracy has secured its benefits in special untouchable jurisdictions (Switzerland, luxembourg, lichnestein or dozens of capital havens), and is actively preventing anyone else from entering the club. What's worse, they don't even invest, preferring to spend on luxuries.