Sunday, December 10, 2006

Stinkin Rich

Somethings never change....ever.....

Pioneering Study Shows Richest Two Percent Own Half World Wealth

A recently issued report by the World Institute for Development Economics Research of the United Nations University found that America is second only to the banking center of Switzerland in the percentage of wealth owned by its top 10%. And the gap is narrow, with Switzerland’s top 10% wealthiest owning 71.3% of the country’s assets, while in America the figure is 69.8%.

And in Canada, well its worth repeating; there are now over one million households with over a million dollars in net worth. These households, 8.2% of families, hold 46.5% of the total net worth. Overall, the top 20% had 69.2% of total net worth

And if the world is a global village, and that village had say a thousand people in it would look like this.





Plutocrats Rule

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