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Morbid Inequity--6 men own 1/2 world's wealth!

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one of the others
Post Posted: Wed Feb 22, 2017 8:00 pm

Joined: 14 Apr 2013
Posts: 2416
Six men own half the world's wealth--and that is down from 8.

http://www.alternet.org/economy/morbid-inequality-now-just-six-men-have-much-wealth-half-worlds-population

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Post Posted: Fri Sep 08, 2017 3:51 am

Joined: 14 Apr 2013
Posts: 2416
Yes, the middle class is shrinking, and, we in the U.S., are now living in a dual economy, and inequality has deepened here more than other advanced countries and has become entrenched. To a large degree, our economy has taken on third world properties. When did this economy start degrading and why. Well, with tricky dick nixon, and everybody's favorite (certainly not mine, because I know what a prop he was, and am fully aware of the massive corruption of his administration, as well), ronald reagan.
This is presented by a professor of economics, emeritus, at MIT. It's kinda dry, but, maybe, you should know this stuff. 10 minute video
https://www.democraticunderground.com/1017456107

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Post Posted: Mon Oct 23, 2017 2:17 am

Joined: 14 Apr 2013
Posts: 2416
Welcome to the third world, America. You've fully arrived.
https://www.themaven.net/theintellectualist/news/study-by-mit-economist-u-s-has-regressed-to-a-third-world-nation-for-most-of-its-citizens-Sb5A5HZ1rUiXavZapos30g-Sb5A5HZ1rUiXavZapos30g?&full=1

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Post Posted: Sat Oct 28, 2017 3:39 pm

Joined: 14 Apr 2013
Posts: 2416
The new gilded age of billionaires. Do they need tax cuts? Seriously.
https://www.theguardian.com/business/2017/oct/26/worlds-witnessing-a-new-gilded-age-as-billionaires-wealth-swells-to-6tn

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