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For wide swaths of training and education there are valuable spillovers which mean that the private sector needs support from the government. That is why I have been so determined to protect and grow apprenticeships and put higher education on a sustainable footing.

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Ferdinand was a gold trader. He was a lawyer for mining companies. When he entered politics in l949 he had tons and tons of gold. When Bill Gates was a college dropout Ferdinand already possessed billions of dollars and tons of gold. It wasn't stolen.