US wasted its wealth on wars – Ma: Daily Wealth Letter

Reports — By on January 19, 2017 at 11:59 AM
Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

Daily Wealth Letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

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NUMBER 379   THURSDAY, JANUARY 19, 2017

US wasted its wealth on wars – Ma

Jack Ma, one of China’s most successful and richest entrepreneurs, has responded to America’s growing globalization backlash, arguing that the superpower has benefited immensely from the process – but that it has largely squandered its wealth.  READ MORE: http://thewealthforums.com/2017/01/19/us-wasted-money-wars-ma/

Property where the wealth is

The UK’s housing stock is now worth 3.65 times Britain’s GDP, says Savills in a new analysis published on Thursday, January 19.  READ MORE: http://thewealthforums.com/2017/01/19/property-where-the-wealth-is/

“Something needs to be done” – Lagarde

International Monetary Fund Managing Director Christine Lagarde called for greater wealth distribution to respond to populist advances across the world, while hedge fund billionaire Ray Dalio predicted the possible end of globalisation.  READ MORE: http://thewealthforums.com/2017/01/19/something-needs-done-lagarde/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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