BUSINESS
Billionaire Bloat-o-Meter: A new lens on billionaire wealth—India’s red flag, China’s green light
The Billionaire Bloat-o-Meter (BBM) measures billionaire wealth relative to GDP, highlighting economic imbalances. India’s soaring BBM signals risk, while China’s decline suggests stabilisation. As governments often intervene in such imbalances, China’s policy shifts could offer investment opportunities