A story for today, unjustified and grotesque in its implication...

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blogospheric friends | grotesque | huttriver10 blog | implication | unjustified | wealth

A story for today, rather unjustified and grotesque in its implication...

According to the London 'Guardian' newspaper, the richest 1% of people in the world own 40% of the world's wealth.

And those in financial services and internet sectors predominate among the super-rich, they claimed.

A UN study found 37% in the US, 27% in Japan, and 6% in Britain were among the richest. The poorest half of the world's population own barely 1% of the world's wealth.

The old adage of the rich getting richer, and the poor getting poorer is understated!

Duncan Green, head of British charity, Oxfam, claimed the levels were grotesque, and impossible to justify by any stretch of the imagination - it is impossible to justify such vast wealth , when 800 million people go to bed hungry every night. Indeed!

Kiwi Riverman

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Indeed!

You are right on target man of many huts.

2cat

huttriver10's picture

Thanks mate...

Dave of many cats.

Kiwi Riverman

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