To: koan who wrote (16992 ) 6/1/2012 6:42:01 PM From: Brumar89 1 Recommendation Respond to Obama achieves a victory in the class war: CNBC The population of U.S. millionaire households (households with investible assets of $1 million or more) fell to 5,134,000 from 5,263,000 in 2011, according to The Boston Consulting Group’s Global Wealth study. Total private wealth in North America fell by 0.9 percent, to $38 trillion .Shouldn't that make liberals feel better? It should, but it doesn't. They can't be happy. ]The ultra-rich were the largest losers in dollar terms. Households in North America with investible assets of more than $100 million saw their wealth decline 2.4 percent. Their population declined slightly to 2,928 from 2,989…Globally, the picture looked a little brighter. Virtually all of the growth in global millionaires came from emerging markets last year. While the United States lost nearly 130,000 millionaires, the rest of the world added 175,000 millionaires … But Obama is probably happy about foreign millionaires, especially if they are coming from the third word. That is "social justice."There are now 12.6 million millionaire households globally, according to BCG.The country with the highest “millionaire density” – proportion of population who are millionaires – was Singapore. More than 17 percent of Singapore’s households are millionaires. Gee, why would there be so many millionaires in Singapore? What could they be doing right that we are doing wrong?While 2011 saw declines in U.S. millionaires, the future looks brighter, BCG said. They expect wealth held by millionaires globally to grow at around six percent a year in Asia-Pacific. “We are in a two-speed world,” said the report. “All of the growth is being driven by developing markets.” According to this same BCG report http://sweetness-light.com/archive/yippee-us-lost-129000-millionaires-in-2011
