Richter Scale of Wealth
Message 20033607
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Scale argues that wealth distribution is regressing to a feudal state...
(10) 500 Billion USD - Theoretical maximum wealth as % of world GDP (Ghengis Khan, Caesar)
(9) 50 Billion USD - Emperor Class (Gates, Buffet, Rockefeller, JP Morgan)
(8) 5 Billion USD - King Class (top 100 Forbes)
(7) 500 Million - Duke Class (major option holders of large corporations, top rock stars, Oprah, Hollywood moguls)
(6) 50 Million - Baron, Minor Nobility Class (Millionaires. No Lear jet or castles but nice house in San Diego, ski condo in Vale. Pro athletes, run of the mill money managers on Wall Street, run of the mill movie star, entrepreneurs.)
(5) 5 Million - Guild Class (doctors, lawyers, stock brokers, small businesses, lower end pro athletes. okay house, kid at UCLA, Porsche Boxter)
(4) 500 Thousand - Peasant Class (90% of US population below this level. J6P. Excessive leverage. Mc House with Mc Mortgage. Worried and Stressed.)
(3) 50 Thousand - Serf Class (working poor. leverage)
(2) 5 Thousand - Peon Class (social assistance, students, most of the developing world below this level. emerging middle class in China and India)
(1) 5 Hundred - Slave Class (homeless in the US, 70% of world population at this level or less)
The thinking is that the groups in Level 3 and 4 have lost ground for 30 years and getting increasingly irritable at their political masters.
Historically. head chopping follows.
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