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Soon .. an "incredible" fortune for one percent of the Earth's population

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Soon .. an "incredible" fortune for one percent of the Earth's population

Post  RamblerNash on Sun Apr 08, 2018 12:20 pm

Soon .. an "incredible" fortune for one percent of the Earth's population

08-04-2018 01:05 PM

A recent economic analysis of the world's richest wealth has revealed that only 1 percent of the world's population will own two-thirds of the wealth by 2030.

According to the UK House of Commons analysis, if the wealth boom that began in the wake of the global financial crisis continues 2008 at the same pace, 64 percent of the world's wealth will be concentrated in the hands of only 1 percent of the population.

Since 2008, the wealth of the upper class of the world's wealthy has been steadily increasing by 6 percent a year, compared to a mere 3 percent increase for 99 percent of the world's population.

If wealth continues to grow at the same rate, by 2030, 1 percent of the population will have $ 305 trillion, up from 140 trillion today.

The report warned world leaders that the continued inflation of wealth in the hands of wealthy people over the next decade would fuel feelings of mistrust and anger among the world's population in general.


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Re: Soon .. an "incredible" fortune for one percent of the Earth's population

Post  Kevind53 on Sun Apr 08, 2018 11:58 pm

Umm ... if you happen to be middle class living the US or other developed countries, you are that 1%.

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