The middle class is well and truly dead. How does this bode for countries like Canada, who were built for and by the middle class? Time will tell...
"The richest two per cent of adults in the world own more than half of global household wealth, according to a study released on Tuesday.
In 2000 the richest one per cent of adults owned 40 per cent of global wealth, a report by the Helsinki-based World Institute for Development Economics Research of the United Nations University (UNU-WIDER) said.
Its comprehensive study of personal wealth has revealed that the richest 10 per cent of adults accounted for 85 per cent of the total global assets. In contrast, the bottom half of the world adult population owned barely one per cent of global wealth."
http://economictimes.indiatimes.com/articleshow/725095.cms
Popular Posts
-
The concept of dragons was probably brought to Japan around 2,000 years ago, along with the technology for paddy agriculture. Their images h...
-
Peruvian archeologists have discovered the first full Inca burial site at Machu Picchu since the famous mountaintop citadel was discovered 9...
-
Not a bad audio book, but I expected more. Big ideas: Build a high performance, high-trust culture; Identify desired results and un...
-
Very dry, dull book with some basic financial info like ROI and cash flow. Not a lot here.
-
Someone that gets it. Service-oriented software, when done correctly in a platform-agnostic way can be flexible, cheap, and can motivate m...
-
...why was this given the file name of skyfall?... Certain information, while not specific as to target, gives the government reason to beli...
-
http://www.homestarrunner.com/sbemail94.html
-
http://esamultimedia.esa.int/images/marsexpress/377-260208-2149-6-co-01-HebesChasma_H1.jpg
-
It looks like this might be real -- a Canadian company succesfully demoed a 16-qubit quantum computer which solved sudoku puzzles, seating...
-
From the bygone debates over DDR vs. RDRAM to the current controversy over Apples DDR implementations, one issue is commonly misunderstood i...
