SHARKS and MINNOWS
According to Forbes there was a total of 1426 billionaires in 2013 with a net worth of $5.4 trillion as opposed to 470 in 2000 worth $898 billion. This means that the amount of billionaires has tripled in 13 years, where as their net worth is six times greater (not accounting for inflation). Even with an accumulated inflation rate of around 35% (meaning that every dollar in 2000 would cost $1.35 in 2013) the math still yields an increase of 4.5 times, so there are more billionaires making greater profits today than thirteen years ago, around 50% greater profits to be precise. Has your income increased 50% in the last 13 years or so? And by the way, the debt in the United States has grown from $5.68 trillion in 2000 to over $19.00 trillion by early 2016. That is almost quadruple the amount and now greater than the Gross Domestic Product (GDP).
“Oxfam said that the wealth of the poorest 50% dropped by 41% between 2010 and 2015, despite an increase in the global population of 400m. In the same period, the wealth of the richest 62 people increased by $500bn (£350bn) to $1.76tn”
The question then is, how well off are the general public in comparison. Of course this depends on one’s perspective and who exactly is making the claim. An article that appeared in the British paper, the Daily Mail (March, 2013), stated British families “…will be no better off in 2015 than in 2000 due to devastating attack on family finances”. Is any of this negativity contributable to the growing numbers of people diagnosed with depression or get seriously sick? A “win-win” situation for the Sharks, I would say. -The Warrior
NB: The statistics above do not include the Rothschild’s or the Rockefeller’s, as far as I know. The estimates of these two dynasties is way beyond human imagination. The Rothschild’s wealth has been estimated to be between 100 to 500 TRILLION dollars US. Whatever it truly is, the amount just makes the situation even grimmer.
Image by Luis Quiles – Found at- http://artfucksme.com/luis-quiles/