Oxfam research shows that the share of the world’s wealth owned by the richest 1% increased from 44% in 2009 to 48% last year. Each adult on average has $2.7m. On current trends the wealthiest 1% will own more than 50% of the world’s wealth by 2016. Today the 80 richest people have the same …
Continue reading 1% own more than everyone else by next year: a decadent milestone in the implosion of civilisation.
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