Thursday 15 June 2017

Millionaires own a record 45% of the world's wealth

The really frightening thing is that this trend is continuing! We don't need explanations but solutions! Maybe Economists and Policy Makers should not focus on the next tiny shift in GDP growth but on the BIG picture - how to reverse this trend to ever-more concentration in the world's wealth! What do all the talking heads on CNBC and Bloomberg etc have to say? Or tenured professors sit in sheltered glasshouses and flit from conference to conference - pocketing handsome fees - while neglecting their students.
Millionaires own a record 45% of the world's wealth — and their share is growing

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