…. and this is where we are headed!! SMH …. Equality!
This video is called Richest 1% to own half of world’s wealth by 2016, says Oxfam.
From daily The Morning Star in Britain:
1% of people will soon own half of the world’s wealth
Monday 19th January 2014
Oxfam study shows gap is widening between rich and poor
WEALTH accumulated by the world’s richest 1 per cent will exceed that of the other 99 per cent by next year, Oxfam warned today.
A report by the anti-poverty charity in preparation for the World Economic Forum in Davos, Switzerland, later this week suggested the wealthiest 1 per cent had seen their slice of global assets rise from 44 per cent in 2009 to 48 per cent last year.
The figure is on track to exceed 50 per cent this year, with Oxfam saying that the richest 1 per cent held an average of £1.8m each.
Meanwhile 80 per cent of…
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