by SammyNyc July 12, 2009
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A physical relationship that, like the former planet Pluto, used to exist, but now is just a non-physical friendship.
by bluzenn February 28, 2009
Get the plutotonic mug.Taken from the phrase "drop it like it's hot." Dancing and moving one's rear to the floor.
To break a habit or let something go. To drop something you are holding. To dump a girlfriend/boyfriend.
To denounce something, as was done to the former planet Pluto.
To break a habit or let something go. To drop something you are holding. To dump a girlfriend/boyfriend.
To denounce something, as was done to the former planet Pluto.
by Monixa January 22, 2007
Get the drop it like pluto mug.A government controlled by the wealthy.
Al Gore and John Kerry are plutocrats.
by The Wog Whomper May 3, 2005
Get the plutocracy mug.(ECONOMICS) economies in which consumption by the very rich is what drives most growth: Bulgari watches, Maybach limousines, Gulfstream V business jets, vacations in the Maldives, Dolce & Gabbana suits, private security services, money laundering, and income tax evasion.
Initially coined by analysts at Citigroup in 2005 to describe the growth of the Usonian economy during that period despite horrible economic fundamentals. Later used by Naomi Klein in her essential work, *The Shock Doctrine*.
Initially coined by analysts at Citigroup in 2005 to describe the growth of the Usonian economy during that period despite horrible economic fundamentals. Later used by Naomi Klein in her essential work, *The Shock Doctrine*.
The US., UK, and Canada are the key Plutonomies - economies powered by the wealthy. Continental Europe (excluding Italy) and Japan are in the egalitarian bloc.
- Equity risk premium embedded in "global imbalances" are unwarranted.
In plutonomies the rich absorb a disproportionate chunk of the economy and have a massive impact on reported aggregate numbers like savings rates, current account deficits, consumption levels, etc.
{Citigroup Oct 16, 2005 Plutonomy Report Part 1}
- Equity risk premium embedded in "global imbalances" are unwarranted.
In plutonomies the rich absorb a disproportionate chunk of the economy and have a massive impact on reported aggregate numbers like savings rates, current account deficits, consumption levels, etc.
{Citigroup Oct 16, 2005 Plutonomy Report Part 1}
by Abu Yahya July 10, 2010
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