Post
Topic
Board Economics
Re: 62% of New Millionaires come from Asia
by
letsplayagame
on 07/10/2015, 00:14:37 UTC
The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

This is expected. Naturally wealth is easier to create in economies where GDP is growing at faster rates.