UK Jail Cells More Expensive Per Night Than The Ritz

A friend of ours has been sent to jail. Poor fellow. He was just trying to help out a friend, he explained, by bringing her some drugs. Illegal ones, of course. Now, he’s doing a six-month stint in Her Majesty’s gaols.

He writes:

“Prisoners cost the government 385 pounds per night (nearly US$800)…Maybe I can convince them to let me stay at the Georges V in Paris…or the Ritz in London… It would be cheaper. And this place is no Four Seasons.”

In some ways, it must be nice to be in prison. There are so many things you can’t do…it leaves you free to concentrate on a few things you can do.

You probably can’t call your broker, for example. So you have to figure out a Prison Portfolio – an investment position that will stay valid for as long as your term.

What would a prison portfolio look like today? Hmmm….we’ll have some thoughts soon.

Bill Bonner
Markets and Money

Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.
Bill Bonner

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