US best at making millionaire$

iVillage Member
Registered: 07-25-2003
US best at making millionaire$
8
Tue, 06-15-2004 - 2:30pm
The United States led the field in terms of wealth creation, with the number of millionaires rising by 14 percent to 2.27 million, the largest gain in actual numbers of any country.

North America as a whole saw growth in high-net-worth individuals of 13.5 percent and Asia 8.4 percent.

In China, which saw surging economic growth last year, the number of high-net-worth individuals rose 12 percent and India 22 percent.

Europe showed a more modest increase, with the number of millionaires up 2.4 percent to 2.6 million.

"That partly can be attributed to the more restrictive European income-tax policies which impeded personal wealth accumulation," the report said.

http://prudentpolitics.com/content/view/61/2/

Renee

iVillage Member
Registered: 05-18-2004
Tue, 06-15-2004 - 4:07pm
Freedom.
iVillage Member
Registered: 07-25-2003
Wed, 06-16-2004 - 9:48am
Ain't it great?

Renee

iVillage Member
Registered: 05-18-2004
Wed, 06-16-2004 - 10:38am
for as long as we have it.

Jim

iVillage Member
Registered: 03-18-2000
Wed, 06-16-2004 - 11:04am

"You live in possibly the most pampered, consumerist society since the Roman Empire."


Quote from........


http://deadlysins.com/sins/greed.html


"It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God"? (Mark 10:25).


 


Photobucket&nbs

iVillage Member
Registered: 05-18-2004
Wed, 06-16-2004 - 11:11am
Well we know how well it worked out for Romans don't we.


iVillage Member
Registered: 04-16-2003
Wed, 06-16-2004 - 12:07pm
<>

I understand the context of this statement, but I don't know what your implication is?

iVillage Member
Registered: 05-18-2004
Wed, 06-16-2004 - 12:25pm
We are too pampered and complacent. We are allowing personal freedom and responsibility to be stripped from us. Affluence is nice but it leads to complacency and then a complete loss of personal freedom. We are so closely mirroring the Romanan rise and fall it is scary.

Jim

iVillage Member
Registered: 07-25-2003
Wed, 06-16-2004 - 1:20pm
<<"It is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God"? (Mark 10:25).>>

Which is to say, as difficult as it is for the rest of us because the wealthy cannot buy their way in either.

Rom 3:23, "For all have sinned, and come short of the glory of God," and are not worthy to enter the Kingdom of God.

Wealth is only a commodity in this world, but since that is where we all happen to be at the moment, it is an important one, and it is also a gift that God bestows on some like Abraham, Jacob, Joseph, Job, David, Soloman, and Boaz.

*Deu 8:18 But thou shalt remember the LORD thy God: for he that giveth thee power to get wealth, that he may establish his covenant which he sware unto thy fathers, as this day.

Wealth, in and of itself, is only bad if it is ill gotten.

Pro 13:11 Wealth by vanity shall be diminished: but he that gathereth by labour shall increase.

The danger of wealth is the greed and pride it can unleash in some.

Ecc 5:19 Every man also to whom God hath given riches and wealth, and hath given him power to eat thereof, and to take his portion, and to rejoice in his labour; this the gift of God.

And to those who forget that,

1Sa 2:7 The LORD maketh poor, and maketh rich: he bringeth low, and lifteth up.

The idea that the rich as somehow inherently bad is ludicrous. Surely you are familiar with the parable of the servants who were each entrusted with a portion of the master's wealth. When he returned, he took the portion away from the servant who had kept it safe but did nothing with it and gave it to the one who had used it to make a profit. Such is how the rich get richer and the poor, poorer.

That great Christian and economist Adam Smith believed the natural law of free markets and creating wealth was inherent in the Bible.

Renee