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Something to Cheer about Despite the Dysfunction in Washington

 (Image source: Joshuakennon.com)

According to Credit Suisse Group AG (ADR)
(NYSE:CS), despite the political wrangling in Washington, the U.S. still tops the list in terms of the number of millionaires created. Out of the 1.8 million millionaires created globally in 2012, the U.S. accounted for 1.7 million of those millionaires. No other country comes even close to our sphere. The easy money policy of the Fed is fueling the stock market and housing industry, henceforth creating more millionaires in the process. The U.S. has 13.2 million millionaires. Congress is terrible, but the America system is still the best engine for wealth creation.