The bank's researchers
see wealth inequality as largely being a result of the financial crisis — it rose across the world between 2007 and 2016, because financial assets were growing faster than non-financial assets.
Not exact matches
«So far, the Trump Presidency has
seen businesses flourish and employment grow, though the ongoing supportive role played by the Federal Reserve has undoubtedly played a part here as well, and
wealth inequality remains a prominent issue,» said Michael O'Sullivan, CIO for International Wealth Management at Credit S
wealth inequality remains a prominent issue,» said Michael O'Sullivan, CIO for International
Wealth Management at Credit S
Wealth Management at Credit Suisse.
Although... some people do
see the grinding contradiction between the manic asset markets and the ensuing and growing
wealth inequality, and slow and slowing economic growth.
World's Rich Getting Richer Global
wealth inequality had improved between 2000 and the financial crisis of 2007 - 2008 but the trend since has
seen global
wealth statistics shifting.
But, as we can
see from the facts about
wealth inequality noted above, the implied community of interest among all «citizens» and «ordinary people», contrasted with the faceless villains of «corporations and financial markets», is a gross simplification.
Some analysts, looking at our wide
wealth and income
inequality,
see the retail future as Wal - Mart, dollar stores, and a Tiffany here and there.
«I
see these companies as a device, or totem, reflecting one of our most important contemporary socioeconomic issues —
inequality and the
wealth gap,» says Busuttil.