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View Full Version : The Real Sick Planet.....Top 1% 'own half global wealth' - Credit Suisse report



Cidersomerset
16th October 2014, 18:55
We obviously knew this , but worth reporting..........

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Published on 16 Oct 2014


The richest 1% of people own nearly half the world's wealth, according to a report out
this week. With total global wealth more than doubling this century, total household
wealth in China is now the third highest in the world, only surpassed by the US and
Japan, says the report by banking giant Credit Suisse. BBC News investigates its
findings - in 60 seconds.

http://www.theguardian.com/business/2014/oct/14/richest-1percent-half-global-wealth-credit-suisse-report

http://www.bbc.co.uk/news/business-29641109

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The Guardian...

Richest 1% of people own nearly half of global wealth, says report

Credit Suisse study shows inequality accelerating, with NGOs saying it shows economic
recovery ‘skewed towards wealthy’

http://www.theguardian.com/business/2014/oct/14/richest-1percent-half-global-wealth-credit-suisse-report
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Top 5: Richest 1% now own half of world’s wealth

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Published on 14 Oct 2014


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The richest 1% of the world’s population are getting wealthier, owning more than 48%
of global wealth, according to a report by Credit Suisse. Report by Sarah Kerr.

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http://www.independent.co.uk/news/world/one-per-cent-of-the-global-population-owns-nearly-half-of-the-worlds-wealth--report-9793509.html

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Communist China is the great Oxymoron with more millionaires than most countries
while billions are still in relative poverty..


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'US economy overtaken for the first time since WW2'

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Published on 8 Oct 2014


China has surpassed the US in terms of GDP based on purchasing power parity,
becoming the largest in the world by this measure, International Monetary Fund
estimates show.

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