Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Mongo2116 who wrote (938143)	6/6/2016 8:55:00 AM
From: RetiredNow	Read Replies (1) of 1575054

And here are the facts...hard to argue with them there factoids.... ritholtz.com Oxfam has calculated that: •In 2015, just 62 individuals had the same wealth as 3.6 billion people – the bottom half of humanity. This figure is down from 388 individuals as recently as 2010. •The wealth of the richest 62 people has risen by 44% in the five years since2010 – that's an increase of more than half a trillion dollars ($542bn), to $1.76trillion. •Meanwhile, the wealth of the bottom half fell by just over a trillion dollars in thesame period –a drop of 41%. •Since the turn of the century, the poorest half of the world’s population has received just 1% of the total increase in global wealth, while half of thatincrease has gone to the top 1%. •The average annual income of the poorest 10% of people in the world has risen by less than $3 each year in almost a quarter of a century. Their daily income has risen by less than a single cent every year.

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