Thai Economist Calls For Urgent Reduction In Income Inequity

[Spee]

"The three richest people possess more financial assets than the poorest 10% of the world's population, combined "

If these three people woke up tomorrow morning stripped of every single satang of their wealth, the poorest 10% of the world's population would still be the poorest 10% of the world's population. There is no correlation or causality between the aggregation of wealth and the aggregation of poverty, except in cases where the aggregation of wealth is done primarily by force by a central government.

[craigt3365]

"The three richest people possess more financial assets than the poorest 10% of the world's population, combined "

If these three people woke up tomorrow morning stripped of every single satang of their wealth, the poorest 10% of the world's population would still be the poorest 10% of the world's population. There is no correlation or causality between the aggregation of wealth and the aggregation of poverty, except in cases where the aggregation of wealth is done primarily by force by a central government.

For sure....but an interesting statistic. Like my Dad always use to say, there is too much money in the world and I don't have enough of it!!!

[chantorn]

Every govt want to make the poor rich, and the rich richer, and themselves super rich. All of them ONLY succeeded in the 3rd case.