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To: kormac who wrote (478)	8/26/1998 3:22:00 AM
From: Jags	Respond to of 3536

I dont have a url for the info. You can get it from the book "Money" by Andrew Hacker. Its well written, all statements are backed with solid statistics. THe one I have read uses numbers from 95 and thats the latest edition. Also you shouldn't be comparing developed countries with developing countries. Developing nations numbers are expected to be skewed because of reasons such as high corruption levels in everyday life, low standards of living, child labour, inaccessibility to elementary education etc. In this book, "Inequality index" is defined as the ratio of the median income of the richest 10% to the median income of the poorest 10%. As per 95 numbers, for Finland its 2.6, France its 3.5, Canada 4 and US 5.9. Today, it must be much much higher since the bubble portion of the bull market has occured during the last 2 years. Here's more numbers to ponder over: In 1980 IRS reported that 13505 ppl filed incomes of more than a million bucks, in 95(?) it was 68064 and in 96 it was 111,728. I would guess the number for 97 would have been 200k'ish. Majority of these are wall street types and silicon valley types. Having a million bucks is no longer considered as "rich". One needs to have 30-40 million to be classified as "rich". :=) Jags