Richest 1% on target to own two-thirds of all wealth by 2030
theguardian.com
Richest 1% on target to own two-thirds of all wealth by 2030
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Re: Richest 1% on target to own two-thirds of all wealth by 2030
#2So when do we get trickled down on exactly?
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#3So the whole world would look like Brazil by 2050?
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#4It is said the Chinese plan out 100 and 1000 years.
Why not continue the extrapolation past 2050 and 2100, it might provide sound bites with more teeth "One person to control 99% of wealth by date 20XX".
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#5Top 1% Global Income - $32,500/year
Top 1% Global Wealth - $770,000 assets
via https://www.investopedia.com/articles/personal-finance/05061...
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#6[deleted]
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#7This should make poor Republicans super happy based on how they vote.
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#8So when do we get trickled down on exactly?
If you are reading this site in a Western country you are almost certainly in the global 1%. Household income of $30k if I remember correctly.
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#9Until poverty become a rarity and they start to pay for it.
Re: Richest 1% on target to own two-thirds of all wealth by 2030
#10Top 1% worldwide is not a great statistic. In many US cities that is just above poverty due to CoL at ~32k.