February 25, 2018

One does not simply lose 129,000 millionaires…

The first thing that came to mind when I saw the headline was: “What? Where did we put them? Are they under the couch cushions?”

It’s no joke, though. Because of losses on the stock market, America is down 129,000 millionaires, while the rest of the world added 175,000 millionaires. Growth is happening, evidently, in the “emerging markets” of the world. Just not here at home. [cont…]