The combined wealth of the world's richest 85 people is now equivalent to that owned by half of the world's population – or 3.5 billion of the poorest people – according to a new report from Oxfam.
The wealth of the richest 1% in the world is now 65 times the total wealth of the
bottom half of the world's people, Oxfam says.
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here.
Sobering and totally unacceptable, LD.
ReplyDeleteLorne, I don't think anything will be done about it. As a matter of fact disparity is increasing as both Russia and China has now multi-billionaires as the communism has fizzled out and capitalism is taking over.
ReplyDeleteWe already know that the situation in North America and Europe is dismal.