A question for which I do not have an answer….

Where does “capital” come from?

Or more precisely - by portion, and in the present day, where does “capital” come from? Is the bulk of capital currently hunting for a place to invest, from:

  • Baby-boomers saving for retirement.
  • Trust fund kiddies - or more exactly the trusts that support them.
  • Large institutions looking for a place to park their cash.
  • Middle-east families, looking for a place to park oil revenues.
  • Far-east outfits (of late most especially China), looking to park profits from low wages and high exports.

In proportion, I have no notion where the world’s “capital” comes from. This is a pretty important question, and I have no idea as to the answer, or even if the answer is accessible.