The Poor close the gap..momentarily

In case you're in denial about the state of the economy or have been hiding under a rock, you can read all about the doom and gloom of the past year with the Capgemini and Merrill Lynch Wealth Management Asia-Pacific Wealth Report 2009. Sorry I don't have a free download link yet.

Asian wealth was down. Oooo.....Big surprise.

Asian wealth is expected to grow. Emmmh....Big surprise.

"Asia Pacific HNWIs increased their allocations to safer and simpler investments last year in a move to preserve wealth." Yawn......Big surprise.

"China’s HNWI population surpassed that of the U.K. to become the fourth-largest in the world." My only surprise is the speed and quantity of wealth accumulation that has taken place and will take place. The numbers simply boggle the mind.