The article essentially observes that millionaires in Asia now collectively control more money than millionaires in Europe. So there is a lot of economic activi

The article essentially observes that millionaires in Asia now collectively control more money than millionaires in Europe. So there is a lot of economic activity going on and some people are rapidly getting rich. But the average asian citizen still has a much lower salary than a westerner, and public infrastructure is pathetic. A disproportionate amount of wealth is going to those on top of the economic food chain, and that's going to stunt their development.