![Currency dealers monitor exchange rates in a trading room at the KEB Hana Bank in Seoul on March 25, 2019 South Korean stocks fell at their steepest rate in five months on March 25 as investors dumped local shares amid fears over a global economic recession. Yonhap News Agency reported. The benchmark Korea Composite Stock Price Index (KOSPI) shed 42.09 points, or 1.92 percent, to 2,144.86. / AFP / JUNG Yeon-Je](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/67JSOPVWWU2CCTGD3WXI4UUNGQ.jpg?smart=true&auth=e43b10f0b327694983bf0821cd047b69f563e8e1f2e5f089a751dd20d923674e&width=400&height=225)
The expansion of apparent wealth globally may not be as concrete as it seems. AFP
The expansion of apparent wealth globally may not be as concrete as it seems. AFP
The illusion of global wealth is just that
Investors may discover in the next downturn one of the uses of financial crises is to expose what financiers overlooked
Satyajit Das
25 March, 2019