Global Wealth - or Not…

April 16, 2009

According to Stephen Schwarzman, chairman of The Blackstone Group, “Forty percent of the world’s wealth was destroyed in the last five quarters. It is an almost incomprehensible number.” Wow. The reason this recession is so scary is because it is global in nature and it is affecting everyone from small to large. How will we dig our way out of it? In my opinion, it will be for governments and investors to put their money into infrastructure and energy - in particular, clean energy. I’ll keep you posted…

Written by billshuttic · Filed Under Bill's Articles