RE: Globalwealth up 12% to £200trillion16 Jun 2018 10:42
Mick,very interesting stats from yesterday.Those that control the wealth control the world and Governments therefore lose control of their nations.
I'm no communist,i believe in reward but the wealth line has become far too steep and distribution needs to be made more fairly to where the demand is to increase growth.
I wouldn't say trickle down doesn't work but the slope between the poorest and richest has become too steep.
Prehaps you could argue that higher consumption by the masses would destroy the world in particular the biggest threat being higher levels of CO2 but we now have the alternative technologies to allow this extra demand/growth without destroying the planet.
Growth would be good for lloyds and to save any confusion from yesterday on Lloyds share price,if the price is right everyone would buy Lloyds but that is stating the B obvious.