MARK BARNES: Put the right people in the right places and the capital will come

Capital goes where it is made to feel most welcome

04 July 2021 - 00:07 By Mark Barnes

'There is no money!” has become the popular refrain, the final judgment, the refuge. Nothing could be further from the truth. The world has probably never been more awash with money than it is today. Estimates of global money supply vary according to the narrowness or broadness of definition, but all of them run into tens of trillions of dollars, or hundreds of trillions of rands.

Money is in such abundance that it is chasing fewer and fewer investment opportunities, ultimately leading to significant concentrations of wealth, in ever fewer countries, among ever fewer people. However, inequality is alive and well and flourishing, and ignored in this flush environment...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.