The word "capitalize" comes from "capital," meaning "head," and is associated with importance, material wealth, assets and advantages.
A continent where women are empowered to transform their subsistence farms to businesses that supply food, income and enable them to create wealth, assets and move into business leadership.
The economists, Martin Lettau Martin Lettau and Sydney Ludvigson Sydney Ludvigson, say consumers make a distinction between their "permanent wealth" (assets, like bank savings, that are unlikely to lose value) and "transitory wealth" (assets that could erode, like stocks and bonds).
Their median wealth (assets minus debt) declined by 28percentt after the housing market crisis and subsequent Great Recession.
It is considered the world's largest manager of private wealth assets, with over CHF2.2 trillion in invested assets, and is a leading provider of retail banking and commercial banking services in Switzerland.
More succinctly, whereas the average white family had $113,149 dollars of wealth, "the typical black household had just $5,677 in wealth (assets minus debts) in 2009, and the typical Hispanic household had $6,325 in wealth".
As a result of these declines, the typical black household had just $5,677 in wealth (assets minus debts) in 2009; the typical Hispanic household had $6,325 in wealth; and the typical white household had $113,149.
"We really need to shift the national dialogue away from looking at snapshots and subsistence income and start taking a closer look at wealth, assets and what their absence or presence means in people's lives," said Hamilton.
A job loss, a health crisis, depleting housing values, a desire to go back to school or worse a global recession undermine the value in this position, since there are few/no wealth assets or wealth reserves to "fall back on".
