"HSBC": the world is entering a new distribution of wealth

[yota691]

"HSBC": the world is entering a new distribution of wealth

 

April 25, 2014 10:52   Last Updated: April 25, 2014 10:52

 

 

 

 

 

 

Hosted "Capital Club" in Dubai Steven de King, senior economist in the group, "HSBC", to discuss the issue "when running out of money: the end of the get-rich west", a session attended by specialists in the business sector and investors, and interested in economic affairs in Dubai and the UAE. and eating King during the meeting put the current global economy and the outlook is not clear to him, and the implications for decision-makers, governments and businesses, also touched on the development of procedures and reforms necessary to allow economic growth, stressing that "the coming decades will witness a re-distribution of global wealth and power in all parts of the world, which will force consumers in the United States and Europe to stop extravagance. "according to Gulf News said Emma Cullen, Director General of "Capital Club," in a commentary about the meeting: "We need the views of King and his views explicit on the current situation in the world, especially in the UAE.

 

[10 YEARS LATER]

A Threat or a Promise ? Either way it looks like the FIX is in - A very interseting find Yota . . . More research I will DO

[RVWITHME]

"the coming decades will witness a re-distribution of global wealth and power in all parts of the world"

 

Well at least they didn't say: In The Coming Days...

 

Nice that we at least have a little non-USD currency for "then", whenever that is.

 

Soon..

[SnowGlobe7]

i wonder if I can buy a condo in the UAE with my dinar?

[RVWITHME]

i wonder if I can buy a condo in the UAE with my dinar?

 

SOON!