If you’re eyeing the $80 trillion promise of the Great Wealth Transfer and wondering what it may do for your personal finances, you’re not the only one. Governments are asking themselves the same, according to UBS.
Governments are likely to pillage the $80 trillion Great Wealth Transfer to help balance their national debt burdens, says UBS | Fortune
"It seems unrealistic to suppose that governments will just sit idly by as this wealth moves around. We would expect governments to attempt to mobilize that wealth to help fund their debt," Paul Donovan said.
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