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Economy

truedelphi

(32,324 posts) Thu Dec 13, 2012, 05:31 PM Dec 2012

A confession from former head of IMF

We have gone from a world with one and then two billion people, with some twenty percent owning the world's wealth, to today's situation with less than half a billion people have the wealth, while the world's population is at seven billion!
Two thirds of those having wealth will be over in China and India - not here in the USA.

This was first put up on YouTube in May 2011.

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A confession from former head of IMF (Original Post) truedelphi Dec 2012 OP

The person speaking is: truedelphi Dec 2012 #1

truedelphi

(32,324 posts)

1. The person speaking is:

Reply to truedelphi (Original post)

Thu Dec 13, 2012, 05:32 PM

Dec 2012

James Wolfensohn, former president of The World Bank and CEO of Wolfensohn and Co.,

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