WEALTH INEQUALITY - 85 of the Richest People are Worth the Same as 50% of the Entire World
The Rich Get Richer & The Poor Get Poorer
Did you know that the 85 richest people in the world have about as much wealth as the poorest 50% of the entire global population does? In other words, 85 extremely wealthy individuals true scope of the problem, because Oxfam relies on publicly reported numbers. At the very top of the food chain, the global elite are masters at hiding their wealth. 32 trillion dollars stashed in offshore banks around the world. That would be about enough to pay off the entire U.S. national debt These elitists live on an entirely different planet than the rest of us do. In fact, according to Oxfam, the richest one percent of the global population has 65 times more wealth than the bottom half of the global population combined.
There is certainly nothing wrong with making money. In fact, the founders of the United States intended for this nation to be a place where free markets thrived and where everyone could pursue their dreams. Today, we have a debt-based global financial system which is dominated by gigantic predator corporations and big banks. system that I like to call "Corporatism" percentage of all global wealth that is being funneled to the very top of the pyramid steadily grows over time.
The Founding Fathers In the early days of the United States, the federal government was very small and the size and scope of corporations was greatly limited. Our nation thrived and a huge middle class blossomed. society is completely and totally dominated by big banks, big corporations and big government.
The global elite have rigged the game to send just about all of the rewards their way, and it is working. Almost half of the world's wealth is now owned by just one percent of the population.
Davos 2015 presidents, prime ministers, monarchs and corporate titans jostle with actors, rock stars and major influencers for top billing at the annual meeting of the World Economic Forum. The confab takes place in the Alpine village of Davos, about 90 miles southeast of Zurich, and for a brief spell each year the pristine ski resort half-sheds its Graubünden roots and becomes a ground zero for the political and business elite.
Needless to say, it is an organization of the elite, by the elite and for the elite. And the founder of the World Economic Forum says that the time has come to press the "reset" button for the global economy...
Bill Gates announced today that by 2035 there will be almost no poor countries left in the world. Gates, the world's richest man with a fortune of $78.5billion, used his annual letter from the Bill and Melinda Gates Foundation on Tuesday to criticize the belief that extreme poverty and disease are unsolvable, calling it a 'harmful' opinion. wealth inequality america u.s. he Microsoft tycoon, 58, dispels the 'three myths' which he claims hold back developing countries -- that poverty is an endless cycle, foreign aid is a waste and saving lives leads to overpopulation.
"The Lang & O'Leary Exchange," Kevin O'Leary celebrates the fact that half of the world's population is impoverished. The United States has collapsed economically, socially, politically, legally, constitutionally, and environmentally. America's economic collapse..
"Low-wage work is pandemic." Today in "freedom and democracy" America, "the world's only superpower," young college graduates, burdened by education loans, single parents only one medical problem or lost job away from homelessness. food stamps
The prospect of three people living on $19,000 per year is farfetched. Considering the prices of rent, electricity, water, bread and fast food, one person cannot live in the US on $6,333.33 per year. In Thailand, perhaps, until the dollar collapses, it might be done, but not in the US.
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