There was an article on the projected growth of the middle class in china. If that was to hold, it would support the point.
If everyone gets some linear growth to their income, those at the bottom get the most %. So the pie shifts down. If its about leveraging existing capital, then more capital means more for you and the pie shifts up.
If everyone gets some linear growth to their income, those at the bottom get the most %. So the pie shifts down. If its about leveraging existing capital, then more capital means more for you and the pie shifts up.