World's richest 1% own 40% of all wealth, UN report discovers
World's richest 1% own 40% of all wealth, UN report discovers | News_ | Guardian Unlimited Money
Richest X % -- Own Z %
--------------------------------------------
1 -- 40
2 -- 50
10 -- 85
Poorest X % -- Own Z %
--------------------------------------------
50 -- 1
Guess the remaining middle-ish 40% split up the remaining 14% ...
More HERE.
Richest X % -- Own Z %
--------------------------------------------
1 -- 40
2 -- 50
10 -- 85
Poorest X % -- Own Z %
--------------------------------------------
50 -- 1
Guess the remaining middle-ish 40% split up the remaining 14% ...
More HERE.
posted by Deep Hal at 5:11:00 AM
2 Comments:
"UN discovers"? This is really nothing new. I have heard studies like these for years.
It appears that this is the first study to calculate wealth-distribution VS all the old studies that must have done it based strictly on income.
FROM THE ARTICLE:
"The global study - from the World Institute for Development Economics Research of the United Nations - is the first to chart wealth distribution in every country as opposed to just income, for which more comprehensive date is available. It included all the most significant components of household wealth, including financial assets and debts, land, buildings and other tangible property. Together these total $125 trillion globally."
Post a Comment
<< Home