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15-08-2023, 07:50 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
By Marion Halftermeyer (https://www.bloomberg.com/authors/AUSQ1LM869w/marion-halftermeyer)
August 15, 2023 at 4:40 PM GMT+8
Global household wealth fell last year for the first time since the financial crisis in 2008, as inflation and the appreciation of the US dollar wiped some $11.3 trillion off assets.
Total net private wealth across the world decreased by 2.4% to a total of $454.4 trillion, according to Credit Suisse’s annual global wealth report (https://www.ubs.com/global/en/family-office-uhnw/reports/global-wealth-report-2023.html) published on Tuesday. The bulk of the decline was felt in North American and European...
Read more (https://www.sammyboy.com/threads/amdk-say-global-household-suffer-from-wealth-loss-for-1st-time-since-2008-gfc-sure-boh.346583/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/amdk-say-global-household-suffer-from-wealth-loss-for-1st-time-since-2008-gfc-sure-boh.346583/).
By Marion Halftermeyer (https://www.bloomberg.com/authors/AUSQ1LM869w/marion-halftermeyer)
August 15, 2023 at 4:40 PM GMT+8
Global household wealth fell last year for the first time since the financial crisis in 2008, as inflation and the appreciation of the US dollar wiped some $11.3 trillion off assets.
Total net private wealth across the world decreased by 2.4% to a total of $454.4 trillion, according to Credit Suisse’s annual global wealth report (https://www.ubs.com/global/en/family-office-uhnw/reports/global-wealth-report-2023.html) published on Tuesday. The bulk of the decline was felt in North American and European...
Read more (https://www.sammyboy.com/threads/amdk-say-global-household-suffer-from-wealth-loss-for-1st-time-since-2008-gfc-sure-boh.346583/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/amdk-say-global-household-suffer-from-wealth-loss-for-1st-time-since-2008-gfc-sure-boh.346583/).