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The effect of this wealth is mostly corrosive.
"The fundamental issue is putting most of this wealth back into black hands".
And it's all being done on the basis of this wealth effect".
Some of this wealth creation can be attributed to the broader rise of the stock market.
OCCASIONALLY the burden of this wealth of information becomes too heavy.
But the effects of this wealth are not felt far beyond the ruling elite.
In his view, the proximate cause of this wealth decline was subprime and predatory lending.
The trouble here is the distribution of this wealth; not the volume.
What should the RBI make of this?Wealth and safetyThe other safeguard is about structure.
But very little of this wealth is trickling down to the poor.
But the financial crisis has destroyed around $8tn of this wealth and the damage will take years to repair.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com