Well, this was predicted, but here it is:
http://www.cbc.ca/news/business/cred...port-1.3270056
Most of the world's assets are now owned by 1% of the population.
I don't think that is sustainable.
BTW, there are now more middle-class people in China than in the US. For those of us in countries looking to export, let's all take note of where the consumer market is growing these days.
http://www.cbc.ca/news/business/cred...port-1.3270056
Most of the world's assets are now owned by 1% of the population.
I don't think that is sustainable.
BTW, there are now more middle-class people in China than in the US. For those of us in countries looking to export, let's all take note of where the consumer market is growing these days.