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Could They By Chance be Connected?

This from the WSJ, via Sadly No:

And this, from the UN via The Scotsman

The world’s wealth in hands of the few
TARMO VIRKI
IN HELSINKI

TWO per cent of adults on the planet command more than half of the world’s wealth, while the bottom 50 per cent possesses just 1 per cent, according to comprehensive new research.

While income is distributed unequally across the globe, the geographical spread of wealth – which includes property and financial assets – is even more skewed, the study by the World Institute for Development Economics Research of the UN University showed.

“Wealth is heavily concentrated in North America, Europe and high-income Asia- Pacific countries. People in these countries collectively hold almost 90 per cent of total world wealth,” the survey said.

I think we should be told…

Read more: Capitalism, Marxism, World’s wealth, Income inequality

Published by Palau

Been there, done that, bought the t-shirt, washed the t-shirt 23 times, threw the t-shirt in the ragbag, now I'm polishing furniture with it.