Half of world's wealth now in hands of 1% of population – report Global inequality is growing, with half the world’s wealth now in the hands of just 1% of the population, according to a new report. The middle classes have been squeezed at the expense of the very rich, according to research by Credit Suisse, which also finds for the first time that there are more individuals in the middle classes in China – 109m – than the 92m in the US. “Middle class wealth has grown at a slower pace than wealth at the top end,” said Tidjane Thiam, the chief executive of Credit Suisse. “This has reversed the pre-crisis trend which saw the share of middle-class wealth remaining fairly stable over time.” The report shows that a person needs only $3,210 (£2,100) to be in the wealthiest 50% of world citizens.
Farsnews Paul Buchheit: The United States Presides over a World Ruptured by Economic Inequality TEHRAN (FNA)- Paul Buchheit, a progressive American writer and activist, says that economic inequality is growing in the United States on a daily basis while the U.S. government continues to spend enormous amounts of money on military expeditions across the world. “The US ranks high in macroeconomic indicators, technology, higher education, and numerous other areas that highlight its global economic dominance.
Vet Advice: Treating Your Dog's Diarrhea Question: Help! my dog has diarrhea—is there anything in my medicine cabinet or on my kitchen shelf that could be used to save both of us a visit to the vet? Answer: As a veterinarian, this author sees many patients with minor problems (such as the dog in this story) who could be treated at home safely and effectively. At the same time, there are dogs whose problems, if not addressed early enough by a veterinary professional, suffer more than they need to. Probably the most common complaint received by veterinarians is that of diarrhea. It’s such an easy condition to identify: The smell is unmistakable, as is its chocolate-pudding appearance. National Budget Simulation National Budget Simulation Use the pop-up menus to increase or decrease as many of the budget items as you'd like. When you're finished, click the button at the end of the document. Spending
Wages for top earners soared in 2014: Fly top 0.1 percent, fly After dipping slightly in 2013, annual earnings of the top 1.0 percent of wages earners grew 4.9 percent in 2014, and the top 0.1 percent’s earnings grew 8.9 percent, according to our analysis of the latest Social Security Administration wage data. This analysis provides the first look at the likely trend of the household incomes of the top 1.0 percent. The top 1.0 percent’s earnings have nearly returned to their previous high point, attained in 2007. In fact, the earnings of workers between the 99th and 99.9th percentiles have reached their highest level of all time—it’s only the earnings of the top 0.1 percent that are still below 2007 levels. The top 5.0 percent has also reached its highest level of earnings ever.
Century of Enslavement: The History of the Federal Reserve Podcast: Play in new window | Download | Embed What is the Federal Reserve system? How did it come into existence? Junk Mail Madness - How To Make It Stop! Every time we embark on a new year, I think about all the extra junk and clutter that has accumulated over the last. Two areas that I would like to cut down on even more is junk mail and phone calls from telemarketers. One is downright wasteful and the other is utterly annoying. We’ve been working on the many harassing phone calls we get each day using caller ID and blocking through the Do Not Call Registry, but my mail is still teeming with junk.
Increasingly Unequal: Income Inequality by State, 1917 to 2012 Executive summary Economic inequality is, at long last, commanding attention from policymakers, the media, and everyday citizens. There is growing recognition that we need an inclusive economy that works for everyone—not just for those at the top. the biggest scam in the history of mankind By HiddenSecretsOfMoney.com Posted October 15, 2013 You are about to learn one of the biggest secrets in the history of the world...it's a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn't quite right with the world economy, but few know what it is.
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