Fewer US Millionaires: Europe Overtakes North America As Richest Region In the World - SPIEGEL ONLINE - News - International
World recession has taken its toll particularly on USA. US wealth has dropped by 22%, almost double the worldwide average.
The "Global Wealth Report" released by the Boston Consulting Group (BCG) on the anniversary of the Lehman Brother's bank collapse indicates that Europe has overtaken North America to become the world's wealthiest region.
This, combined with the recent report that UN is calling for a world currency, probably means that the baton of world leadership is slowly being passed from USA to Europe.