AllSecure Global

The survey queried AllSecure Global clients in Asia, North America, Europe, Latin America, Africa, and the Middle East.

The AllSecure Global survey has become a barometer of the top safety and security concerns of the world’s elite, and is useful in understanding and mitigation their concerns.

The top concerns** of the world’s ultra-wealthy for 2012 are as follows (ranked by concern most expressed in 2012):

Economic Collapse/Hyperinflation
20.4% (2012)  18% (2011)       ▲ 2.4%

Social Unrest/Political Instability
16.6% (2012)   16.8% (2011)   ▼ .2%

Terrorist Attacks
14.4% (2012)     15.8% (2011)   ▼ 1.4%

Pandemics
10.6% (2012)   10.8% (2011)   ▼  .2%

Kidnapping
9.8% (2012)            11.4% (2011)   ▼ 1.6%

Natural Disasters
8.6% (2012)            10.4% (2011)   ▼ 1.8%

Identity and Personal Information Theft
5.8% (2012)     5.2% (2011)     ▲ .6%

Nuclear/Radiological Incidents
5.4% (2012)           5% (2011)       ▲   .4%

Other Events (such as Mayan 2012)
4.4% (2012)     2.4% (2011)     ▲  2%

Power Grid Failure/EMP Attack
4.0% (2012)     4.2% (2011)     ▼  .2%

** – Please note that the results vary by geographic region, sometimes significantly.  Please contact AllSecure Global if you would like a copy of the complete 2012 survey results by geographic region.

Analysis

For 2012, the respondents were most concerned with a possible economic collapse and with hyperinflation. The continuing troubles with the Eurozone in conjunction with a general global sense of economic unease led the concerns.  From 2011 to 2012, the level of concern in this category jumped 2.4%, which was statistically a very large increase.

Also rising in the level of concern was “other events”.  Leading this increase was a continuing concern in some quarters of the possibility of some global catastrophic event in December 2012 as foretold by the Mayan calendar.  Whether such an event actually happens is open for interpretation and discussion but it remains a large concern of the global elite at the present time.

Rounding out the concerns that showed the largest increase was a concern about the theft of personal information. Identity theft and the theft of very personal information by cyber-criminals is increasingly becoming a problem for the world’s wealthy and their families.  In fact, one of the fastest growing service areas for AllSecure Global in 2012 has been the protection of wealthy families (including their children) from cyber attacks and information pilferage.

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AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

We have previously discussed the high potential for world economic collapse and the grave potential for the ensuing social disorder around the world.

We are continuing to advise and to prepare our clients for this very real possibility.  At this point, we consider it to be a question of “when”, and not a question of  “if”.

Our client’s crisis scenario modeling takes into account what needs to be done now before the crisis unfiolds.  What needs to be done during the crisis in order to insure the safety and security of their loved ones.  And what needs to be done after the crisis passes (in a potentially post-apocalyptic world).

Global economic collapse and the ensuing collapse of social order around the world are very real possibilities.

What does your crisis plan look like?

Consider these facts:

• It is now being projected that the Greek economy will shrink by another 5 percent in 2012.
• Despite wave after wave of austerity measures, Greece is still going to have a budget deficit equivalent to about 7 percent of GDP in 2012.
• Interest rates on Italian and Spanish sovereign debt are rapidly rising.  Spain’s borrowing rate nearly doubled in a short-term debt auction.  Italy raised nearly €3.5 billion in a short-term bond sale recently but at sharply higher interest rates amid fresh concerns over the euro zone outlook, the Bank of Italy said.
• The government of Spain recently announced that its 2011 budget deficit was much larger than originally projected and that it probably will not meet its budget targets for 2012 either.
• Bad loans now make up 8.15 percent of all loans on the books of Spanish banks.  That is the highest level in 18 years. The total value of all toxic loans in Spain is equivalent to approximately 13 percent of Spanish GDP.
• One key Spanish stock index has already fallen by more than 19 percent so far this year.
• The Spanish government has announced a ban on all cash transactions larger than 2,500 euros.  Many are interpreting this as a panic move.
• It is looking increasingly likely that a major bailout for Spain will be needed.  Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.
• Analysts at Moody’s Analytics are warning that Italy has now reached financially unsustainable territory.  “Italy is already out of fiscal space, in our estimate.” said Moody’s. “Its debt levels relative to GDP already exceed a manageable level. The manageable limit for Italian 10-year bond yields is estimated at 4.2pc. As of last week, Italian 10-year yields were 5.46pc.”
• It is being projected that the Portuguese economy will shrink by 5.7 percent during 2012.
• There is even trouble in European nations that have been considered relatively stable up to this point.  For example, the Dutch government collapsed last week after austerity talks broke down.
• The head of the IMF, Christine Lagarde, says that there are “dark clouds on the horizon” for the global economy.
• George Soros is publicly declaring that the European Union could soon experience a collapse similar to what happened to the Soviet Union.
• A member of the European Parliament, Nigel Farage, stated during one recent interview that it is inevitable that some major banks in Europe will collapse.
• The IMF is projecting that Japan will have a debt to GDP ratio of 256 percent by next year.
• The 9 largest U.S. banks have a total of 228.72 trillion dollars of exposure to derivatives. That is approximately 3 times the size of the entire global economy.  It is a financial bubble so immense in size that it is nearly impossible to fully comprehend how large it is.

This time the epicenter of the financial crisis will be in Europe.

Outside of Europe, most people simply do not understand how truly nightmarish the European economic crisis really is.

Spain, Italy and Portugal are all heading for an economic depression and Greece is already in one.

The European Central Bank was able to kick the can down the road a little bit by expanding its balance sheet by about a trillion dollars over the last nine months, but the truth is that the underlying problems in Europe just continue to get worse and worse.

It truly is like watching a horrible train wreck happen in slow motion.

If you can afford to retain the best to help you prepare for the coming crisis, what are you waiting for?

Again we ask, what does your crisis response plan look like?

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Don’t wait until it is too late. The crisis is coming.

AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

The list is compiled by interviewing hundreds of business leaders and experts around the world. Cyber attacks and water shortages round out the WEF’s top five risks for 2012. Compared to last year’s list, the risks the world faces have shifted from environmental to social and economic.

The report’s top risk: income inequality.

“Income disparity is not something that happens overnight,” says one of the authors of the report, adding that about 50 percent of the world’s population survives on only 1 percent of the wealth. “It builds up.”

The social instability income inequality produces is where the risk comes in, he says, citing the events leading up to the Arab Spring last year and the social climate in China now. “It’s deeper than that, though,” the report’s author says. “It goes to distrust in global institutions,” such as banks, which could potentially lead to a breakdown in the financial system.

Income inequality isn’t just an issue in emerging and less-developed economies. “These trends are evolving differently,” the report says. “In developed countries, such as those of Western Europe, North America, and Japan, the social contract that has in recent decades been taken for granted is in danger of being destroyed.”

If income disparity leads to a social crisis or to financial instability in your country or elsewhere in the world, who do you think will be blamed?

The short answer is “you”, the ultra-wealthy.

Are you prepared?

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Don’t wait until it is too late.

AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

While al-queda  has been seriously weakened over the past few years from an operational standpoint, sympathizers and lone-wolves still have the ability and the desire to implement attacks around the globe.

All person should remain vigilant and should heighten their situational awareness level as needed.

Time.com had a great article on the raid last year on bin Laden’s compound and highlights just how touch and go the situation actually was.

You can read the article here.

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AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

Are the 99% coming to “visit” you next?

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Don’t wait until they are knocking at your door before you get prepared.

AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

The war gaming, according to reports, began in 2008 at the onset of the current ongoing global economic crisis. However, there are indications that planners from not just the United States, but from around the globe, may have been aware of the dire possibility of economic collapse even earlier.

During the exercise, the Army explored numerous scenarios, including:

• the implications of “large scale economic breakdown” inside of the United States
• how to maintain “domestic order amid civil unrest”
• and ways to deal with fragmented global power and drastically lower budgets

Clearly, the U.S. government is making contingency plans to deal with a worst-case, all-out-collapse scenario of not only the economy, but our social and political systems.

It’s well known that the U.S. government as well as foreign counterparts have been preparing bunkers and continuity of government plans for decades, but recent preparedness activities suggest that the planning in some aspects has been expedited.

Anecdotal evidence indicates that the US government has been the leading buyer of freeze died foods for the last couple of years, and private emergency shelter contractors have reported a shortage in equipment and supplies for building personal-sized bunkers.

You have the resources.  Don’t wait until it is too late.

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AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

Key among these lessons learned are the following 10 main points:

1. There will be a general break down in law and order. Law enforcement will not be patrolling your neighborhood.  Vigilante groups and gangs will be the only “policing” bodies.
2. Food and water will become scarce. The average American has about three days worth of food in their home, and likely very little water.  Panicked people will immediately make a run for the grocery store, either before or at the onset of crisis, looking to acquire any non-perishable goods. Our just-in-time inventory management systems ensure that there will be no reserves in the back of the grocery store, so once the store shelves are cleared, the food and water will be gone.
3. Looting will be rampant. Hungry people will do anything to stay alive.  Not much more needs to be said.
4. If the rioting and looting gets bad enough, expect full deployment by the military. Governments will be prepared to restore order by whatever means are available.  Civil rights will be no more.
5. When rocks start getting thrown, Molotov cocktails start exploding, and citizens take it upon themselves to shoot at military and law enforcement personnel, soldiers will fire back – and the firing will be indiscriminate.
6. Hospitals will run out of basic medical supplies. We saw this in Haiti and we’re seeing it in Cairo. Basic medicines and antibiotics will disappear.  Minor injuries may lead to amputation or death in a matter of days.
7. The internet will get shut down. Governments have realized that the internet is the communication medium of choice to organize protests and riots.  They will shut the internet down, and with it most forms of communications.
8. Banks will be closed and ATM’s will be out of money. With no law enforcement, banks will be unable to operate. There will be no one to refill the cash in ATM’s, and it’s possible that even if they do have money you will not be able to withdraw it because problems with electronic processing will prevent it. No cash = no food/water/medicine – for at least as long as cash is actually accepted for trade.
9. The value of gold and silver will rise.  Anytime governmental, economic or social instability hits a particular region, the value of these precious metals rises. When the crisis is bad enough, precious metals will become the de facto reserve currency on the ground.  When the crisis gets really bad, food/water and medicines will become the de facto currency of choice.
10. The ‘important’ people and the wealthy who have contingency/preparedness plans in place will leave the crisis area. If you’ve got money and power, you’re going to be fast-tracked out of the region – assuming you have prepared for the worse. President Mubarak’s sons quickly fled Egypt when the riots broke out. In Tunisia, the President’s wife made a beeline for the nearest international destination.

Question – How are you addressing and responding to each of these 10 points?

If you do not know, you should.

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Don’t wait until it is too late to have answers to the above list.

AllSecure Global provides custom turn-key crisis preparedness and lifestyle preservation solutions to high net worth families, C-suite business leaders, government officials, and diplomats worldwide to protect against terrorism, natural/manmade disasters, and economic/social crisis.

Telephone us at 202-713-9350 (USA).  If you prefer, we can be reached via email at information@allsecureglobal.com.

Visit us on the web at www.AllSecureGlobal.com or learn more about our services here.

“The Report highlights the increasing influence of global wealth flows on prime property and investment markets.

Quality of life, knowledge and influence, and economic activity are the key factors for the ultra-wealthy investing in property, says Knight Frank and Citi Private Bank’s sixth Wealth Report.

London, New York, Hong Kong and Paris are seen as the most important world cities for high-net-worth individuals (HNWIs) and Beijing and Shanghai are the cities with the most rapid growth in importance to HNWIs, according to global property agency, Knight Frank and Citi Private Bank’s international Wealth Report.

Global highlights include:

• HNWIs from the Middle East and Africa rate Dubai as the location with the most rapid growth in importance, with HNWIs from Latin America rating Miami and Sao Paolo as strong contenders for future influence.
• Personal security (63%) now ranks above economic openness (60%) in HNWIs’ choice of cities to live.
• Monaco remains the most expensive residential location in the world, with one square metre there now worth $58,300 (Q4 2011), followed by the prime locations in Cap Ferrat, London and  Hong Kong.
• The Wealth Report 2012 confirms the relentless shift in wealth distribution towards Asia-Pacific:  the region covering China, SE Asia and Japan now has more centa-millionaires (those with over US$100m in assets) than North America or Western Europe.
• Emerging economies have continued to build their huge influence on the real estate markets in established locations: wealth flows from developing economies underpinned prices across the leading prime markets in North America and Europe including Miami, Vancouver and London in 2011.
• Knight Frank and Citi Private Bank expect further growth in interest in commercial property from HNWIs, forecasting US$74.1bn of private transactions globally in 2012 (a 5% year-on-year increase).
• In Europe, despite the past year’s continental recession, the main luxury market hotspots have remained relatively hot – eight out of 10 top locations in the Knight Frank Prime International Residential Index (PIRI) price rankings are in the UK, France or Switzerland.

You can read the entire report here.

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About AllSecure Global.

AllSecure Global provides custom crisis preparedness and lifestyle preservation solutions to ultra-high net worth families and high profile individuals worldwide to protect them against political and civil disturbances, hyperinflation, terrorism, climate change, natural and man-made disasters, and societal instability/disturbances.

“Singapore will end a program that allows wealthy individuals to gain permanent residence quicker by putting money in the island, after an influx of foreigners in recent years spurred property prices and fueled voter anger.

The Monetary Authority of Singapore will scrap its so- called Financial Investor Scheme, the central bank said in an e- mailed response to queries. The program allowed individuals with net personal assets of S$20 million ($16 million) who hold at least S$10 million of assets in Singapore for five years to apply for permanent residence on a “fast track” through financial institutions, the Business Times reported today.”

The takeaway is that options for the world’s wealthy are diminishing due to the anger of the less affluent.

What are your options?

Are they closing?

You can read the entire Bloomberg BusinessWeek article here.

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About AllSecure Global.

AllSecure Global provides custom crisis preparedness and lifestyle preservation solutions to ultra-high net worth families and high profile individuals worldwide to protect them against political and civil disturbances, hyperinflation, terrorism, climate change, natural and man-made disasters, and societal instability/disturbances.

However, Bloomberg has just launched its version of a “rich list” with one big difference.  Bloomberg’s list is updated daily and shows the daily change in wealth of the world’s wealthiest people.

Admittedly, this list has the same limitations as other list such as truly valuing private assets.  However, it is fun to look at it every day.

You can find the Bloomberg index here.

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About AllSecure Global.

AllSecure Global provides custom crisis preparedness and lifestyle preservation solutions to ultra-high net worth families and high profile individuals worldwide to protect them against political and civil disturbances, hyperinflation, terrorism, climate change, natural and man-made disasters, and societal instability/disturbances.