...
EgyptSearch Forums Post New Topic  Post A Reply
my profile | directory login | register | search | faq | forum home

  next oldest topic   next newest topic
» EgyptSearch Forums » Deshret » Richest 1% own half of the world wealth

 - UBBFriend: Email this page to someone!    
Author Topic: Richest 1% own half of the world wealth
mena7
Member
Member # 20555

Rate Member
Icon 1 posted      Profile for mena7   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
http://www.dailymail.co.uk/news/article-5082027/Richest-1-half-world-s-wealth-report-reveals.html

Richest 1% own half the world's wealth as gap between super-rich and the rest widens, annual report reveals
One per cent of the world's adult population own 50.1% of of the world's wealth
Their combined wealth is worth approximately $140trillon, or £106trillion
Meanwhile, 3.5 billion people across the globe own less than $10,000 in assets
Overall, Credit Suisse found global wealth at mid-2017 totalled $280 trillion

Mena: This is very wrong that 1% of the richest people in the world own half of the world wealth. this inequality make it difficult of member of the world middle class and poor class to become rich.

This concentration of wealth in the hand of few allow them to concentrate political power in their hands. Extreme inequality is an hidden sophisticated dictatorship.

The European colonization of the world 500 years ago and the building of a world trade system in their favor are the reasons wealth is concentrated in the hands of few Western and Asian (East Asians, Arabs ally with the West) businessmen.

I am skeptical on how Credit Suisse calculate world wealth in order to declared that 1% of the rich own half of the world wealth. The rich class stocks, bonds and mutual fund possessions are not real wealth because in a time of economic recession all those paper wealth can loose value. I dont think the rich 1% own the majority of lands, mines, undiscovered and unexploited mineral wealth and human labors in the world.

 -
Global millionaires who make up just one per cent of the adult population own 50.1 per cent of of the world’s wealth, or $140tn (£106trillion), according to Credit Suisse's global wealth report. Pictured above, the world's richest man, Bill Gates

 -
 -
Among the world's richest are businessman Warren Buffett (left) and founder of Amazon, Jeff Bezos (right)

 -
Approximately 23.9million new millionaires have been created since 2000, more than 8million in the United States and 7.9million in Europe

--------------------
mena

Posts: 4854 | From: sepedat/sirius | Registered: Jul 2012  |  IP: Logged | Report this post to a Moderator
lamin
Member
Member # 5777

Rate Member
Icon 1 posted      Profile for lamin     Send New Private Message       Edit/Delete Post   Reply With Quote 
Real wealth is land and resources. That's quite different from paper wealth.
Posts: 5168 | Registered: Nov 2004  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | EgyptSearch!

(c) 2015 EgyptSearch.com

Powered by UBB.classic™ 6.7.3