The prices in the world show's exacly that people are very rich.
If nobody can't afford paying those prices then prices will fall If prices are so high it means people can afford.
But it's shame that anyone tell they don't have money to spend or buy expensive things becouse high prices show's what's the new Normal.
New Normal is WEALTH look at the rent prices even not good locations ...lol they are extremly expensive.
Everything show's that people are very rich and all have good jobs and a lot money in bank accounts.
The new Normal is to be very wealthy and it's shame to tell others you don't have money nobody don't belive you they think you joking becouse it's impossible to live in this world like this If you don't have money.
Finally the world is rich
Not really, what this means is that people in order to get by, ask for all kind of loans hoping for things to improve, however we are reaching a tipping point, as consumer spending makes a great deal of the world economy and if it goes down as people cannot borrow anymore, then the economy will go down with it.
This is making governments very worried and they are asking for people to keep spending and getting more debt, but for most people this is not possible anymore, so most likely a reduction on consumer spending is coming.