‘Looking at the bottom of the wealth distribution, 3.5 billion people – corresponding to 70% of all adults in the world – own less than USD 10,000. Those with low wealth tend to be disproportionately found among the younger age groups, who have had little chance to accumulate assets, but we find that millennials face particularly challenging circumstances compared to other generations.’
(Credit Suisse Global Wealth Report 2017:2)
Assess the significance of inequality for future wellbeing towards 2050.
