World rich list shows emerging Asian Century
By Kevin Voigt, CNN
updated 2:23 AM EDT, Fri August 17, 2012
Hong Kong (CNN) -- Asia is set to have the world's wealthiest residents, with city-state Singapore heading the rich list.
Hong Kong, Taiwan and South Korea will do well, too, according to by a new survey that predicts which countries will be home to the wealthiest citizens by 2050.
By 2050, the Wealth Report estimates the world's wealthy citizens will be dominated by Asia: Singapore ($137,710), Hong Kong ($116,639), Taiwan ($114,093) and South Korea ($107,752). The only western economy projected to remain in the top five is the U.S., with an estimated per capita income of $100,802.
Old World economies will have the worst growth performance in the next 40 years, the report predicts: Spain, France, Sweden, Belgium, Switzerland, Austria, the Netherlands, Italy and Germany are at the bottom of the list. But Japan and its aging population will have the weakest projected growth of all economies, Knight Frank estimates
Singapore-A new survey projects that Singapore will - by a wide margin - be home to the wealthiest citizens in 2050 with per capita income estimated at $137,710.
Hong Kong-Hong Kong will rank second in 2050, with per capita income estimated at $116,639.
Taiwan-Taiwan residents will rocket into the top five in the next 40 years, with a projected average income of $114,093.
World rich list shows emerging Asian Century
By Kevin Voigt, CNN
updated 2:23 AM EDT, Fri August 17, 2012
Hong Kong (CNN) -- Asia is set to have the world's wealthiest residents, with city-state Singapore heading the rich list.
Hong Kong, Taiwan and South Korea will do well, too, according to by a new survey that predicts which countries will be home to the wealthiest citizens by 2050.
By 2050, the Wealth Report estimates the world's wealthy citizens will be dominated by Asia: Singapore ($137,710), Hong Kong ($116,639), Taiwan ($114,093) and South Korea ($107,752). The only western economy projected to remain in the top five is the U.S., with an estimated per capita income of $100,802.
Old World economies will have the worst growth performance in the next 40 years, the report predicts: Spain, France, Sweden, Belgium, Switzerland, Austria, the Netherlands, Italy and Germany are at the bottom of the list. But Japan and its aging population will have the weakest projected growth of all economies, Knight Frank estimates
Singapore-A new survey projects that Singapore will - by a wide margin - be home to the wealthiest citizens in 2050 with per capita income estimated at $137,710.
Hong Kong-Hong Kong will rank second in 2050, with per capita income estimated at $116,639.
Taiwan-Taiwan residents will rocket into the top five in the next 40 years, with a projected average income of $114,093.
Question to ask is ----
How many of us will be alive in 2050 to see all this happen !!!!!!!!!!!!!!
World rich list shows emerging Asian Century
By Kevin Voigt, CNN
updated 2:23 AM EDT, Fri August 17, 2012
Hong Kong (CNN) -- Asia is set to have the world's wealthiest residents, with city-state Singapore heading the rich list.
Hong Kong, Taiwan and South Korea will do well, too, according to by a new survey that predicts which countries will be home to the wealthiest citizens by 2050.
By 2050, the Wealth Report estimates the world's wealthy citizens will be dominated by Asia: Singapore ($137,710), Hong Kong ($116,639), Taiwan ($114,093) and South Korea ($107,752). The only western economy projected to remain in the top five is the U.S., with an estimated per capita income of $100,802.
Old World economies will have the worst growth performance in the next 40 years, the report predicts: Spain, France, Sweden, Belgium, Switzerland, Austria, the Netherlands, Italy and Germany are at the bottom of the list. But Japan and its aging population will have the weakest projected growth of all economies, Knight Frank estimates
Singapore-A new survey projects that Singapore will - by a wide margin - be home to the wealthiest citizens in 2050 with per capita income estimated at $137,710.
Hong Kong-Hong Kong will rank second in 2050, with per capita income estimated at $116,639.
Taiwan-Taiwan residents will rocket into the top five in the next 40 years, with a projected average income of $114,093.
A smart guy once said: 'fortunes have been lost betting against the United States of America'
A smart guy once said: 'fortunes have been lost betting against the United States of America'
Times change....empires rise and fall...and prosperity keeps moving to new nations..Thats the cycle Man...
Time of US is gone now...Thats a certainty..too many wars
War is the biggest destroyer of a nation's wealth..especially in terms of toll on humans
