First, here's downer unless you are one of the world's wealthiest: the richest one percent will soon own more than all the rest of the world's population. Oh yeah, and the richest 80 individuals own more wealth than the bottom half of the world's population of 3.5 billion people.
On a more positive note, research on the benefits of expressive writing suggests that if you change your story you can change your life.
Showing posts with label one percent. Show all posts
Showing posts with label one percent. Show all posts
January 20, 2015
January 21, 2014
It's not all bad news
This New York Times article shows how Medicaid expansion is touching the lives of thousands of people in West Virginia.
THIS, ON THE OTHER HAND, IS PRETTY BAD. The richest 1 percent of the world's population now owns half the world's wealth:
In its study titled "Working for the Few," the British-founded development charity Oxfam concludes that the $110 trillion wealth of the 1 percent richest people on the planet is some 65 times the total wealth of those floundering at the "bottom half" of the world's population.
Further, this "bottom half" now owns the same as the richest 85 people in the world and the wealthiest grew their share of bounty in 24 our of 26 countries surveyed between 1980 and 2012...URGENT MANTIS SHRIMP UPDATE here.
GOAT ROPE ADVISORY LEVEL: ELEVATED
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