Richest 300 Persons on Earth Have More Money Than Poorest 3 Billion

[damnedifIknow]

As we repeatedly focus on wealth inequality in the United States (i.e.; just four hundred persons in the US have as much in assets and income as the bottom 50% of Americans), a video points out the even more extreme global wealth disparity."

* This are just somes examples of how the economic cards are stacked by the G-8 and G-20 through the institutional and global corporate creation and manipulation of the financial rules. But when you move to the impact of global wealth distribution to individuals, according to Global Wealth Equality, the richest 1% on the earth have accumulated some 43% of the world's wealth, while the bottom 80% of the planet's inhabitants have just 6% between them.

There is an increasing wealth gap of immense proportions in the United States. For decades, the nation's assets have grown more and more concentrated in the hands of a few, while the rest of the nation makes do with the crumbs.

This skewed economic distribution within the US is reflective of an even worse economic disparity in the world in general.

http://www.truth-out.org/buzzflash/commentary/item/18094-richest-300-persons-on-earth-have-more-money-than-poorest-3-billion

[Laelth]

1. k&r for exposure. n/t

-Laelth

[matthews]

2. This will not end well. And end someday it will end. Too many people

with nothing left to lose.

[Yavin4]

3. 3 Billion > 300

Ultimately, that's the only metric that will matter.

[Cal Carpenter]

4. Which side are you on?

[Fantastic Anarchist]

5. K&R

No war between nations! No peace between classes!

[Kennah]

6. How can one have a proper revolution when only 300 go to the guillotine?

[FiveGoodMen]

7. So, on average, each of them has more than $10,000,000 for every $1 that each of the poor have.