Wealth is a massive topic and there are hundreds
if not thousands of Doctorates that have been created to show who knows the
most about certain sections of the great topic of wealth. The world has been run on quantitative
numbers and moves on the amount of money and value of that currency. The sheer volume of money is staggering but
who owns the majority of it. Is it
really better to be born in a location that has it than not? Well that is a
very vast and complicated question which I don’t think has an answer, but where
the money is and who owns it can be fairly readily quantified. So I want to break down some of the locations
on earth and where value is attributed to them.
According to Credit Suisse the entire wealth on
the planet can be quantified into roughly 360.5 trillion dollars. This staggering amount of money almost is a
trillion dollars a day for a calendar year. Out of the entire size of the
planet the amount of wealth owned by the North American continent is 31%. This is extremely interesting due to the fact
that the landmass of North America is only around 16% of the entire land mass
on earth. So in perforation this
location has double to wealth that it should consider its size in proportion to
the world. The United States in particular owes 29% of the world's wealth and
that is even a more unporotionate number when it comes to land mass and money.
All of Europe owns 25% of the wealth of the world
and another large portion of Asia own the majority of the rest. It is
absolutely incredible that the wealth owned by the world is indeed segregated
into small pockets across the globe. It is also true that the financial
institutions of the world and in particular the manufacturing that goes along
with the wealth is all in those same pockets.
In the United States 45% of the global stock market is located within
its borders.
Companies like the
Intelligent Speculator are known for predicting economic growth and profiting
from rises and falls in those markets.
The next global leader behind the United States is China and it is still
only about half the size of wealth as the US. So indeed living in America will
put you into the most profitable location on earth currently.