MORE - The US lost more wealth than any other country last year, shedding $5.9 trillion, while North America and Europe combined got $10.9 trillion poorer.https://t.co/Q25EFnbs4f
— Disclose.tv (@disclosetv) August 16, 2023
Business Insider: Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth
* Russia added $600 billion of total wealth last year, a report by UBS indicated.
* The number of millionaires and ultra-high-net-worth individuals also rose, despite the war in Ukraine raging on.
* Meanwhile, the US and Europe shed trillions of dollars worth of wealth, the Swiss bank reported.
Russians got richer last year even as the war in Ukraine raged on, while the US and Europe lost trillions of dollars, UBS reported.
Russia added $600 billion of total wealth, the Swiss bank found in its annual Global Wealth Report, published Tuesday.
The number of Russian millionaires also rose by about 56,000 to 408,000 in 2022, while the number of ultra-high-net-worth individuals — people worth over $50 million — jumped by nearly 4,500.
Read more ....
WNU Editor: The Global Wealth Report from UBS is here .... Global Wealth Report 2023 – global wealth set to rise by 38% over the next five years (UBS).
10 comments:
this is good because the US and Europe think they own the world and can take the horse out of the rain, they treat South America, Asia, the Middle East and Africa like beggars, this is detestable...
The US and Europe have bigger GDPs so they can afford it while Russia's is not and will get worse with this war going on.
If the USA & EU were married to my wife they'd be a couple of trillion more in debt....
But they are 3rd world piss ants
How much is due to the war and how much is due to asinine climate change policies?
The Ukraine War did not cause Germany to de-industrialize. A$$hole politicians with idiot climate policies did.
German fockers are doubling the carbon tax. This will make fat fooks like Al Gore, who moved his fat ass and 2nd chakra to London rich while impoverishing the middle class and poor.
This is not good.....and like it was said before, by any metric,, economic, social or cultural.....the Best and Brightest of BLOB leadership that rules us has failed. How do we know?
Look at this current metric. Are things getting better?? No, and how about that 5 dollar box of corn flakes and that 20-30 dollar steak if you can afford them.
"they can afford it while Russia's is not"
They can afford to grow by half a billion? What are you even trying to say?
"But they are 3rd world piss ants"
An irrelevant but enlightening peek into your simpleton brain. The both of you couldn't even read the headline let alone the article before spewing your preprogrammed lemming opinions that don't fit the situation described in the article at all.
Russian Troll you know exactly what it means.
Russia has an economy smaller than Italy's economy.
The US and EU could drop that much and it is a relatively small amount. It is not catastrophic and it can be made up in the next year or two ... with good governance.
Small amount or not the US cannot withstand 5 bad emperors/presidents in a row. such as Obama, Biden etc.
1236
Wrong ..new data out ...Russia has best economy in Europe
Best economy? Why then is the ethnic Russian population shrinking?
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