We should copyright this graph, but since we filched it from Pictet & Cie, the pukka private bank, that might prove tricky. It does of course illustrate - quite elegantly - how members of the the mug public are inevitably left holding the can.
(Note to readers: this may ‘bust’ your FT Alphaville browser window. Try expanding the window or copying the chart.)
Source: Pictet & Cie
