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Asia Becomes World’s Wealthiest Region

 
Anonymous Coward
User ID: 515073
United States
10/10/2012 09:55 AM
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Asia Becomes World’s Wealthiest Region
While total global household wealth fell 5.2%, Europe took the biggest hit due to its debt crisis and the global economic slowdown, with its wealth dipping 14% to $69.3 trillion. Asia’s wealth proved more resilient, shrinking only 1.9% over the same period to $74.1 trillion...

Crazy times we live in!

[link to blogs.wsj.com]
Face Palmer
Yo mamma pulls catapults to gondor

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Germany
10/10/2012 09:57 AM

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Re: Asia Becomes World’s Wealthiest Region
"The one-eyed is the king among the blind." -German saying.
"The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title."

Never attribute to malice that which is adequately explained by stupidity.
Anonymous Coward (OP)
User ID: 515073
United States
10/10/2012 10:03 AM
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Re: Asia Becomes World’s Wealthiest Region
And noticed this as well in the article...

"The Credit Suisse report concluded that the richest nation in the world remains Switzerland, with an average wealth of $468,000 per adult, seven places ahead of the U.S..."
Anonymous Coward
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India
10/10/2012 10:03 AM
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Re: Asia Becomes World’s Wealthiest Region
While total global household wealth fell 5.2%, Europe took the biggest hit due to its debt crisis and the global economic slowdown, with its wealth dipping 14% to $69.3 trillion. Asia’s wealth proved more resilient, shrinking only 1.9% over the same period to $74.1 trillion...

Crazy times we live in!

[link to blogs.wsj.com]
 Quoting: Anonymous Coward 515073


i dont believe this...asian countries dotn have enough nukes,missiles,tanks,submarines
Anonymous Coward
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United States
10/10/2012 10:05 AM
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Re: Asia Becomes World’s Wealthiest Region
And noticed this as well in the article...

"The Credit Suisse report concluded that the richest nation in the world remains Switzerland, with an average wealth of $468,000 per adult, seven places ahead of the U.S..."
 Quoting: Anonymous Coward 515073


No kidding, that's why they are digging tunnels and closed their borders

tissue
Mister ObviousModerator
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10/10/2012 10:14 AM

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Re: Asia Becomes World’s Wealthiest Region
"Becomes"... LOL.
Reality Is an Illusion of Separation
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Anonymous Coward
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Netherlands
10/10/2012 10:50 AM
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Re: Asia Becomes World’s Wealthiest Region
bumpbumpbump
Anonymous Coward
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India
10/10/2012 10:53 AM
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Re: Asia Becomes World’s Wealthiest Region
bumpbumpbump
 Quoting: Anonymous Coward 11899033

this is fake news to force investors to invest in asian stock markets
conversely USA becomes world's poorest country..
happy now?
Anonymous Coward
User ID: 25311324
United Kingdom
10/10/2012 12:45 PM
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Re: Asia Becomes World’s Wealthiest Region
damn shame about the volcanoes/earthquakes/typhoons/tsunamis and diseases though

apart from that, things are looking bright for them.
Anonymous Coward
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United States
10/10/2012 12:59 PM
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Re: Asia Becomes World’s Wealthiest Region
rich countries stay that way by not wasting trillions on useless wars. Maybe murkans should get a clue?
poverty
User ID: 1307494
United States
10/10/2012 01:34 PM
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Re: Asia Becomes World’s Wealthiest Region
rich countries stay that way by not wasting trillions on useless wars. Maybe murkans should get a clue?
 Quoting: Anonymous Coward 25313602


Your only looking at one stat here.

I suggest you see the level of Poverty and than combine that with your Wealth Stat to get a true picture.

Example: India has 49 Billionaires...and 452 million in poverty


Thanks
Chrit

User ID: 15366081
United States
10/10/2012 02:04 PM

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Re: Asia Becomes World’s Wealthiest Region
If you divide the wealth by the population numbers they are very poor, it is the wealth of a few that control all this money.
I'm only human, it's my biggest flaw.

We must all realize a sink a chair and a pillow are all luxuries of home and a soldiers helmet takes the place of all three.
111111111
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Poland
10/10/2012 02:08 PM
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Re: Asia Becomes World’s Wealthiest Region
Thats a pretty significant turnover.
Fuck Asia
User ID: 787724
United States
10/10/2012 02:25 PM
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Re: Asia Becomes World’s Wealthiest Region
Who cares? Inflation will bring that wealth down relatively speaking (or it already has), war and conflict in those regions over the next 20 years will tear fledgling repulics apart causing economic instability especially in the South China Sea areas and beyond, diseases like antibiotic resistant malaria, bird flu, and other third world disease will plauge the people and drag down the economy as the asian population ages and liberalism takes hold, taxes will be levied on those countries who have stolen American and European technology, money will flood back into the European and American markets, Europe will be overrun with jihadi muslims who cannot assimilate into western society, intelligent people from around the world will flee the chaos of the developing world and flood into Canada, USA, Mexico, and South America, and this fad of Asia-centrism will fade away like all the other bull-shit anti-North and South America crap that will echo in the halls of shillery.
Fuck Asia
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United States
10/10/2012 02:31 PM
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Re: Asia Becomes World’s Wealthiest Region
Who cares? Inflation will bring that wealth down relatively speaking (or it already has), war and conflict in those regions over the next 20 years will tear fledgling repulics apart causing economic instability especially in the South China Sea areas and beyond, diseases like antibiotic resistant malaria, bird flu, and other third world disease will plauge the people and drag down the economy as the asian population ages and liberalism takes hold, taxes will be levied on those countries who have stolen American and European technology, money will flood back into the European and American markets, Europe will be overrun with jihadi muslims who cannot assimilate into western society, intelligent people from around the world will flee the chaos of the developing world and flood into Canada, USA, Mexico, and South America, and this fad of Asia-centrism will fade away like all the other bull-shit anti-North and South America crap that will echo in the halls of shillery.
 Quoting: Fuck Asia 787724


Same as the previous text without spelling errors, fuck I wish GLP had spellcheck.

Who cares? Inflation will bring that wealth down relatively speaking (or it already has), war and conflict in those regions over the next 20 years will tear fledgling republics apart causing economic instability especially in the South China Sea areas and beyond, diseases like antibiotic resistant malaria, bird flu, and other third world disease will plague the people and drag down the economy as the Asian population ages and liberalism takes hold, taxes will be levied on those countries who have stolen American and European technology, money will flood back into the European and American markets, Europe will be overrun with jihadist Muslims who cannot assimilate into western society, intelligent people from around the world will flee the chaos of the developing world and flood into Canada, USA, Mexico, and South America, and this fad of Asia-centrism will fade away like all the other bull-shit anti-North and South America crap that will echo in the halls of shillery.
Anonymous Coward
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10/10/2012 02:31 PM
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Re: Asia Becomes World’s Wealthiest Region
For the first time, Asia is the wealthiest region in the world, according to a new study by Credit Suisse CSGN.VX +0.58%.

Fuck... reading this you almost get the feeling that the study by Credit Suisse CSGN wanted to chuck China into their Mix of Trix. What a fuck in the ear that would be...Communism works!!! hehe
Anonymous Coward
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Turkey
10/10/2012 03:11 PM
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Re: Asia Becomes World’s Wealthiest Region
As it was so shall it be again.
Anonymous Coward
User ID: 21843616
United States
10/10/2012 03:18 PM
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Re: Asia Becomes World’s Wealthiest Region
rich countries stay that way by not wasting trillions on useless wars. Maybe murkans should get a clue?
 Quoting: Anonymous Coward 25313602


Your only looking at one stat here.

I suggest you see the level of Poverty and than combine that with your Wealth Stat to get a true picture.

Example: India has 49 Billionaires...and 452 million in poverty


Thanks
 Quoting: poverty 1307494


it would be much worse for India if it had had indulged in needless wars.

So u support needless wars? Sorry, but that sounds stupid.
Anonymous Coward
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United States
10/10/2012 04:56 PM
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Re: Asia Becomes World’s Wealthiest Region
bsflag
Anonymous Coward
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Japan
10/10/2012 05:09 PM
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Re: Asia Becomes World’s Wealthiest Region


Anonymous Coward
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United Kingdom
10/10/2012 05:10 PM
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Re: Asia Becomes World’s Wealthiest Region
As it was so shall it be again.
 Quoting: Anonymous Coward 25084607


My first vote would've been the Muslims, and the Jews after that would be the Blacks and all of Africa out of Europe and back to their homeland called Africa and all Europeans out of Africa back to Europe as it shall be again

as for the other groups, their doing fine we like
The Chinese,Philippine,Koreans,Japanese are all compatible with the western life
Anonymous Coward
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Canada
10/10/2012 06:24 PM
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Re: Asia Becomes World’s Wealthiest Region
While total global household wealth fell 5.2%, Europe took the biggest hit due to its debt crisis and the global economic slowdown, with its wealth dipping 14% to $69.3 trillion. Asia’s wealth proved more resilient, shrinking only 1.9% over the same period to $74.1 trillion...

Crazy times we live in!

[link to blogs.wsj.com]
 Quoting: Anonymous Coward 515073


How does this make any sense with all the "ghost cities" china is building?...something doesnt add up...they have so much money they can burn it on cities?...i dont think so...the only rich people in asia are the building contractors and the government...while all the people suffer.
Anonymous Coward
User ID: 14645782
United States
10/10/2012 06:55 PM
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Re: Asia Becomes World’s Wealthiest Region
While total global household wealth fell 5.2%, Europe took the biggest hit due to its debt crisis and the global economic slowdown, with its wealth dipping 14% to $69.3 trillion. Asia’s wealth proved more resilient, shrinking only 1.9% over the same period to $74.1 trillion...

Crazy times we live in!

[link to blogs.wsj.com]
 Quoting: Anonymous Coward 515073


It is BULLSHIT! Majority are still poor...
Anonymous Coward
User ID: 25332610
United States
10/10/2012 07:25 PM
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Re: Asia Becomes World’s Wealthiest Region
If you divide the wealth by the population numbers they are very poor, it is the wealth of a few that control all this money.
 Quoting: Chrit


and they dare call that communism.

the poor in that country have been duped by the rich
as they have been for eons.

kings, dictators, democracies or whatever, the rich
still seem to be the control freaks of any form of gov't.

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