“A Goldman Sachs study on “The Expanding Middle: The Exploding Middle Class and Falling Global Inequality” While America laments the loss of its middle class as there is divergence between a mass affluent and wealthy class and those at middle class, there is the rise of the global middle class. The global middle class is adding 80 million people per year. This phenonmena is more than just the outsourcing of the American and European economy but the growing of the world economic pie. The global middle class growth will only be slightly slowed by the credit crisis.” Source>>>>>
Vali Nasr discusses the premise of his new new book, “Forces of Fortune,” that the great battle for the soul of Iran, Afghanistan, Pakistan and the entire region will eventually be fought not over religion, but over business and capitalism as the Muslim middle class grows.
