The Global Wealth Explosion
Nearly everywhere in the world, capitalism is taking over and wealth is growing. What does this mean for the new rich, the old rich, and everybody else? We’ll fill you in.
Throughout the world, the number of people who can “create wealth” and afford to “spend big” is growing rapidly. At the same time, the number of people globally who can afford to spend at the middle-class level is growing even faster.
More producers and more consumers add up to a self-reinforcing cycle of prosperity. The result is .....