capitalism *is* fun :-)

… was $40.7 trillion (that is 40700 billion dollars) in 2007 … up 10%, driven by Indian, China and Brazil. Wealth growth in the western countries declined in the meanwhile. I guess it’s better to sit on top of a large pile of gas, oil and other minerals, rather then useless dotcom stock options No wonder that the major wealth managers of the world (Merrill Lynch, UBS, etc), are opening offices in Moscow, Istanbul, Dubai, etc…

If all the wealthy in the world would combine their resources, they could buy their own country Welcome to Richistan