Every year, I bring to the attention of readers of my blog, the results of the latest Credit Suisse Wealth Report. It is produced by economists Anthony Shorrocks (with whom I graduated at university), James Davies and Rodrigo Lluberas. It is the most comprehensive study of global personal wealth and inequality between adults around the…
You might want to check your math.
EDIT: I misread the headline. Carry on.
I’m still confused :|
1% of the population owns 48% of all the money while 53% of the population owns just 1% of all the money. To draw you a picture:
The One Percent:
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The Middle Bunch
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The Bottom 53 Percent
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Also important to keep in mind that it’s for the whole world. I’m guessing anyone living in a first world country is most likely in the middle bunch. Fuck that 1% tho
It says anyone with a house and a little savings is in the top 10% globally.
The picture helped thank you
Wealth is not money.
We could double wages for all tomorrow? At least let’s fix the scale, I’m sure nobody deserves so much compared to the the average guy
I was thinking tax the ever living hell out of them myself.
You cant speak of tax this way if you think globally, we don’t have a single gov
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I’m not sure US is currently the favorite country among the 99%, just think of the others and their R5 project trying to have their own currency similar to euro. I’m not even sure that US has the best tax regulations that could be considered an example of equality. US people sleeping in tents along the streets or in vans always come to my mind, something that is almost impossible among Europeans.
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Wow, while the average hourly pay over there is actually 15$ I guess