Where Will We Be in Five Years?

[KhunLA]

3 hours ago, spidermike007 said:

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.

Almost everyone has the same opportunities in all countries, almost.   There are millionaires in most countries.  Unless dealt a really bad hand at birth, there is no reason not to be financially successful, or at least, no need to live in poverty.

 

You want, then you earn ... IT IS NO ROCKET SCIENCE

 

So many from very poor roots, lacking higher education paperwork (inclusive) have a bit, or way more money than they will ever spend.  Nothing is stopping anyone except themselves.

[Yellowtail]

• Will we see more war or less?

    Less

• More poverty or greater prosperity?

    Greater prosperity 

• Will environmental challenges worsen, or will we make progress in fixing them?

    They will stay about the same

• Will human rights and equality improve, or will they decline?

    Improve 

• Will people be healthier due to better awareness of health and technology, or will poor diet and lifestyle choices continue to take a toll?

    Lives will be longer

• Will AI become a true game-changer, or will it simply evolve into a more advanced and user-friendly search tool?

    Real gamechanger

• And for Gen Z, will they find themselves in a better world or a more challenging one?

    Better

[StreetCowboy]

12 hours ago, BritManToo said:

This is where I'll be in 5 years ..............

 

That’ll be a bummer if you don’t die first

[Hokeus]

I wonder if we turned the clock back 15 years to 2010, would people’s responses and opinions be the same about the future as they are today, or would they be different?

[Hokeus]

13 hours ago, save the frogs said:

 

This speaker makes a valid point that consuming daily news will make one have a bleak outlook on the world and it's not an accurate reflection of reality. 

 

And then discusses advances in technologies that will enhance our lives.

 

 

Enlightenment video. Thank you for sharing.

[Harrisfan]

3 hours ago, pomchop said:

the absolute king of whining like a little child is the current POTUS...that is literally what he does every single day...there are none so blind as those that refuse to open their eyes...it is all so very very unfair how the orange child is treated.

More whingeing