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57
Where Will We Be in Five Years?
Correct. The massive wealth inequality in the world is underpinned by this chart: While just above one percent of the world's population had fortunes of more than one million U.S. dollars in 2022, more than half of the global population had a total wealth of less than 10,000 U.S. dollars. 648 million people in the world, about eight percent of the global population, live in extreme poverty, which means they subsist on less than US$2.15 per day. Almost a quarter of the global population, 23 percent, lived below the US$3.65 poverty line, and almost half, 47 percent, lived below the US$6.85 poverty line, as reported in the 2022 Poverty and Shared Prosperity report. This also means that the global median income (US$7.60 per person per day) is very close to the UMIC line. Global inequality is growing, with half the world’s wealth now in the hands of just 1% of the population, according to a new report. The report shows that a person needs only $3,210 (£2,100) to be in the wealthiest 50% of world citizens. About $68,800 secures a place in the top 10%, while the top 1% have more than $759,900. The report defines wealth as the value of assets including property and stock market investments, but excludes debt. About 3.4 bn people – just over 70% of the global adult population – have wealth of less than $10,000. A further 1bn – a fifth of the world’s population – are in the $10,000-$100,000 range. Each of the remaining 383m adults – 8% of the population – has wealth of more than $100,000. This number includes about 34m US dollar millionaires. About 123,800 individuals of these have more than $50m, and nearly 45,000 have more than $100m. The UK has the third-highest number of these “ultra-high net worth” individuals. The Credit Suisse survey calculates that there are now 2.4 million dollar millionaires in the UK , up 68,000 on a year earlier. In the US the number of millionaires is now more than 15m – up 903,000. -
57
Where Will We Be in Five Years?
What would you know? Real men don't whinge like 12yo girls. -
149
Zelinsky: The End Is Near
NATO didn't 'endlessly push east'. After the Soviet empire collapsed all the eastern European countries that had been under Russian rule applied to join NATO and the EU. They wanted the same rights as the West, national sovereignty and democratic rule Putin realised if Ukraine followed suit, as they wished to, then his own autocratic rule could come under threat as Russians demanded similar freedoms. The dictator is scared of losing power.- 1
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89
Trump Celebrates First Month in Office with Victory Speech at CPAC
And one more effective counter arguments from the critical thinking high IQ left. I'm really starting to think that rather than voting for Trump, I should have voted to flush the country down the toilet. -
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Unforgivable war crimes committed by Russia on the battlefield
Coming to Europe soon. -
57
Where Will We Be in Five Years?
Perhaps I've been away, but which two wars did Biden start? Oh, and which two did your love muffin, or maybe his President Rasputin, stop? Seeing how you're willing to cede Ukraine to an invading aggressor, I suspect you're the kind of wimpy, cuckholded girlyman who---if seeing you wife gang raped---would just say, "Try to enjoy it, dear". Real men stand up for their freedom, preferring to die standing than to serve on one's knees. Oh, and your love muffin has threatened to use the US military to secure Greenland, Panama, Gaza and Canada. Sounds like an armchair warrior, the kind suffering bone spurs who doesn't mind throwing others into harm's way to get what he wants. Giving Putin the green light as the PINO, Hegseth, Rubio and Vance have done, pretty much guarantees the Baltics are next in line. After that, eastern Poland and maybe eastern Germany. "In five years time....." One last point: please learn the difference between "less" and "fewer". One is for continuous amounts, the other for discrete or quantum jumps. Using "less" is just so bogan-ish.
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