[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Pedophile's Decapitated Corpse Found On Judge's Doorstep After Bail Hearing In Aurora, Illinois

Syria - Israel Provocation Kills Russian Soldiers - Moscow Will Take Political Revenge

Gun goes off inside Mormon meetinghouse in Provo; church leader is recorded urging teenage girls not to spread news on social media

We Need To Know If Intelligence Agencies Covered Up The 1996 Crash Of TWA 800

Conservative Forced Into Hiding After Writing Pro-Life Tweet

Video Game Treats Cops as Good Guys. The Left is Outraged.

Here Are 202 Companies Hurt by Trump's Tariffs

Allegations throw Kavanaugh confirmation into turmoil (Liars!!!)

Triangle shaped UFO spotted on US Aircraft Carrier in Mediterranean Sea - Space Force?, Leaked Video

Human Rights Campaign honors Raytheon for LGBT equality

The Dike Breaks - Netherland Ends Support For 'White Helmets' Terrorist Propaganda

Les Wexner renounces Republican Party affiliation

Trump's Reckless Hostility Unites China and Russia

This reminds of the liberal take over of the democrat party

The Bluffer’s Guide to Bombing Syria

Poland says it will block any EU sanctions against Hungary

Barack Obama: Worst. President. Ever.( Oldie but still a goodie)

FBI Not Investigating FeinsteinÂ’s Smear Letter Against Kavanaugh

US Coast Guard member 'removed' after making 'offensive' OK sign on live TV

Lawyer with Obama, Clinton ties may face federal charges: report

ICE won’t arrest or detain evacuees in the Carolinas escaping from Hurricane Florence

Delusions of the Social Justice Warrior Gang

Trump’s Wars and the Threat to Free Speech

Nike Fighting to Keep Oregon a ‘Sanctuary State’ After Illegal Alien Kills Young Couple

Serena Williams’ U.S. Open Tantrum Reflects Society’s Wider Problems

Don't Piss Off Old People

Trump Administration Decides Free Speech Isn't Free: Publishes Plans to Tax Protests and Close White House Sidewalk to Protests

9/11: The Biggest Con Job Since JFK

Dalai Lama: ‘Europe Belongs to Europeans’, Refugees Should Return and Rebuild Homelands

Couple Get Back $10,000 Seized By State Trooper After Local Media Starts Asking Questions

TSA Decides The Path To Flight Safety Runs Through A Passenger's Prosthetic Leg

Cop Amber Guyger Is One Reason We Need Private Gun Ownership

Understanding The Tactics Of Subversive Globalism

Justice Ginsburg blasts Her Own Party After Brett Kavanaugh Hearings (Loves Swampy)

Manafort pleads guilty, will cooperate with prosecutors

#MAGA: Federal Deficit Jumps 32 Percent, Hits $895 Billion for Fiscal 2018!

Joe Scarborough: Trump Is Worse For America Than ‘The Attacks On The Twin Towers’

Cheerleader Wins a Fight

Michael Moore doubles down on claim that Trump could be America's last president: 'I think it's possible'

InfoWarrior got another one right!

Kansas man GOES OFF on Police who Raid Home at Gunpoint without Warrant

Michelle Obama to visit 10 cities for 'Becoming' Michelle Obama' book tour

If You Oppose NFL Kneeling, You May Be A Victim Of Russian Trolls: WaPo

Armageddon Rides In The Balance

Pot Prohibition Makes Self-Defense Illegal

Report: Las Vegas professor shot himself in arm to protest Trump

Hurricane Florence is coming

Grand Jury Finds Police Were Complicit in Covering Up Massive Child Sex Ring in Catholic Church

Since 9/11, America Has Traded Liberty for Security, And We’re Almost Out of Both

17 Years After 9/11, US Counts Al Qaeda Among Allies in Syria, Yemen


Status: Not Logged In; Sign In

Economy
See other Economy Articles

Title: Wealthy Asians Are Getting Richer Faster Than Anyone Else
Source: Bloomberg
URL Source: https://www.bloomberg.com/news/arti ... richer-faster-than-anyone-else
Published: Jun 19, 2018
Author: Chanyaporn Chanjaroen
Post Date: 2018-06-19 09:22:30 by Willie Green
Keywords: None
Views: 133
Comments: 4

Wealth assets held by high-net-worth individuals in the Asia-Pacific region jumped almost 15 percent to $21.6 trillion in 2017, according to a Capgemini SE report released Tuesday. Accelerating economic growth and equity market rallies helped push the global total to a record $70.2 trillion, the World Wealth Report showed.

The rising number of millionaires in Asia is prompting financial firms from Credit Suisse Group AG to DBS Group Holdings Ltd. to expand private banking operations throughout the region. While Japan and China contributed the bulk of Asia’s wealth last year, India topped the global chart when it came to the growth rate.

“Emerging markets in Asia, such as China and India, are going to be the engine of growth,” said David Wilson, the consulting firm’s head of Asia wealth management.

Global wealth is on course to exceed $100 trillion by 2025, according to the report, which defines high-net-worth individuals as those with at least $1 million in investable assets.


Poster Comment:

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Willie Green (#0)

This is what happens when you have one sided free trade instead fair trade. Asians are doing what is best for omg Asians! Who would have thunk-it!

Justified  posted on  2018-06-19   12:10:38 ET  Reply   Trace   Private Reply  


#2. To: Justified (#1)

And let's be honest about it,being rich in Asia means something different than being rich in the US or Europe.

NOT saying there aren't some insanely rich Asians in Asia,but the standards of living there are usually a little lower than those in the US or Europe.

In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.

sneakypete  posted on  2018-06-19   12:16:31 ET  Reply   Trace   Private Reply  


#3. To: sneakypete (#2)

True. I think disparity between rich and poor is much higher there.

Justified  posted on  2018-06-19   12:21:22 ET  Reply   Trace   Private Reply  


#4. To: Willie Green (#0)

Wealthy Asians Are Getting Richer Faster Than Anyone Else

Tax them! Take their money! Tax their wealth! Tax their investments! Tax their savings! Level the playing field!

We can't have this kind of disparity between those who work hard and those who sit around collecting government benefits. This is America, dammit.

misterwhite  posted on  2018-06-19   14:31:33 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com