> Ranks of Rich March From West to East > Millionaire Population Grew Much Faster > In Emerging Markets Than in U.S. in '07 > By ROBERT FRANK > Wall Street Journal > June 25, 2008 > > The population of millionaires grew five times as fast in emerging markets > as it did in the U.S. last year, according to a survey released Tuesday. > That was the largest divergence between the U.S. and the big emerging > markets since the comparisons were first published in 2003.
I'd say this recent change is likely entirely due to (1) the rising price of oil and (2) the falling dollar. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
