The skewed distribution of Wealth

2 min read

The household wealth varies greatly across the Global financial spectrum depending on where you live, access to financial services & markets literacy. People living in developed countries with mature financial systems & easy access tend to have a much higher net worth than developing countries. The difference is even higher for someone living in an  underdeveloped nation. Just to give you a perspective – U.S average per capita income is $60,200, China sits at $16760 while the African nation of Niger only records a mere $990. Similar to the differences in per capita income across different regions, the composition of…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.