Bigger get Bigger again!

Thursday, September 05, 2013 Francisco Carneiro 0 Comments

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It's not only in the corporate world that you watch the bigger getting fatter. In stocks the only indexes that are at the all time high (or almost) are the Dow, S&P and DAX from Germany. These indexes comprise the biggest companies in the world. On the personal side the income polarization is also huge, with the highest quintile getting 51% of Aggregate income from 43 % in 1967.

Why? I guess Globalization creates winners and losers on a global scale. And when you win you win big time.When the workd was broken in small markets, closed market's, etc... you could have a lot of local winners.

If the world is one Global Championship you only have 1 Global winner! On top of this the automation and robotization are replacing a lot of jobs and you don't need everybody to work.