«Homeownership is a crucial sector of national economies and
an important source of wealth for many households, influencing spending, saving and borrowing decisions,» says Warren.
But lower interest rates generally mean higher stock and bond prices, as well as increases in the value of real estate, which has been
another important source of wealth for many savers, particularly seniors.
Not exact matches
An excellent
source of more information is Coopers & Lybrand's free brochure «
Wealth Preservation,» which treats a number
of important topics.
First, substantial direct or indirect
wealth transfers from the state sector to Chinese households will unleash a surge in household consumption as household income rises (and because the interest on bank deposits is an
important source of income for most middle and lower middle class households, if the authorities reduce interest rates, as struggling borrowers are demanding, China actually moves in the wrong direction).
But it's
important to pad your
wealth plan with steady, reliable
sources of income, too — and to have investments that you can tap in the short term if you need the money.
The issue
of the motive for the Incarnation has never been formally defined, but we can find at least a presumption
of the Scotist perspective in many
important magisterial texts, and an almost overwhelming
wealth of opinions in its favour among the Fathers and Doctors
of the Church, (for a comprehensive discussion
of the
sources see Dean, Maximilian Mary, A Primer on the Absolute Primacy
of Christ, Academy
of the Immaculate, 2006).
[
source] Owning a home is a hugely
important part
of building communities and creating institutional
wealth.
It's
important to note that the very wealthiest groups in society are much less likely to take part in surveys and so their
wealth is under - reported and alternative
sources of data need to be analysed, such as HMRC personal
wealth statistics.
Wealth management has become an
important source of profits, and let's not forget all those fees.
It is also
important to note that this was at a time when the Trans - Atlantic Slave Trade was a major
source of economic gain for North American and European powers, who used un-free labour
of Africans to amass the
wealth that allowed these regions to enjoy otherwise unimaginable luxury and leisure and which would later drive the West's Industrial Revolution (also built on the backs
of Blacks, through the use
of exploited Africans who, in Africa, extracted the natural resources used to build Western cities, factories and products
of the Industrial Revolution).