This is not justified by any stretch of the information - quite groteque really...
October 18th 2007 23:01
This is only a short tale, but with plenty of impact and meaning.
According to the London 'Guardian' newspaper, the richest 1% of people in the world own 40% of the world's wealth.
And those in financial services and internet sectors predominate among the super-rich, they claimed.
A UN study found 37% in the US, 27% in Japan, and 6% in Britain were among the richest. The poorest half of the world's population own barely 1% of the world's wealth.
The old adage of the rich getting richer, and the poor getting poorer is understated!
Duncan Green, head of British charity, Oxfam, claimed the levels were grotesque, and impossible to justify by any stretch of the imagination - it is impossible to justify such vast wealth , when 800 million people go to bed hungry every night. Indeed!
According to the London 'Guardian' newspaper, the richest 1% of people in the world own 40% of the world's wealth.
And those in financial services and internet sectors predominate among the super-rich, they claimed.
A UN study found 37% in the US, 27% in Japan, and 6% in Britain were among the richest. The poorest half of the world's population own barely 1% of the world's wealth.
The old adage of the rich getting richer, and the poor getting poorer is understated!
Duncan Green, head of British charity, Oxfam, claimed the levels were grotesque, and impossible to justify by any stretch of the imagination - it is impossible to justify such vast wealth , when 800 million people go to bed hungry every night. Indeed!
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