According to market research company New World Wealth, the world has accumulated $215 trillion in private wealth, a 12% increase over the last year.
Incredibly, the vast majority of this wealth – about 73.5% – is held by just 10 countries:
From the beginnings of General Motors Acceptance Corporation to the introduction of the Diner’s Club charge card, the history of credit has been filled with game-changing innovations.
Today, new innovations in tech are continuing to shape the consumer credit industry – and with U.S. consumer debt sitting at $13 trillion, these changes could play a role in impacting how consumers access credit both today and in the future.
Dubai’s transformation from a fishing village to a global real estate hub has been nothing short of remarkable. From having the world’s tallest building to man-made islands in the shape of a world map, the U.A.E.’s most populous city has never shied away from ambitious construction projects.
Today’s motion graphic video, from Knight Frank, is a unique overview of Dubai’s half-century long growth spurt.
For most of civilized history, life expectancy fluctuated in the 30 to 40 year range. Child mortality was all too common, and even for those that made it to adulthood, a long and healthy life was anything but guaranteed. Sanitation was poor, disease was rampant, and many medical practices were based primarily on superstition or guesswork. By the 20th century, an explosion in new technologies, treatments, and other science-backed practices helped to increase global life expectancy at an unprecedented rate. From 1900 to 2015, global life expectancy more than doubled, shooting well past the 70 year mark.
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