McKinsey Global InstituteThe past two decades have generated $160 trillion in paper wealth but sluggish growth and rising inequality. What comes next?Asset price inflation over the past two decades has created about $160 trillion in “paper wealth.” Economic growth was sluggish, inequality rose, and every $1.00 in investment generated $1.90 in debt. Current tremors in the … Continue reading The Future of Global Wealth and Economic Growth Hangs in the Balance