Monday, 18 January 2016

The 62 Richest People On Earth Now Hold As Much Wealth As The Poorest 3.5 Billion

62 $ 1.76 trillion wealth of the rich, since 2010, an astonishing 44 percent. Meanwhile, the bottom half of the world's wealth dropped by 41 percent.
"This is terrible," Gawain Kripke, Oxfam policy director, told The Huffington Post. "It will be no credible or good for the economy is good for the world."
The growing wealth of the rich economic prosperity (Turkish "You're just jealous") is the only one that can be spectacular, high above the elevation climb out of poverty, keeping them at the bottom has been in Oxfam report notes.
"The first privileged owners of capital income and wealth while receiving a big part of it, people living in poverty, they need to boost their income that is not cruel," the report said said.
Kripke also wide disparities of economic development is no longer seen as an unfortunate result that points out. Now many economists - the most famous Thomas Piketty - gross inequality actually fewer people can afford to buy things such as slow growth, and economic and political instability that creates conflict.
Indeed, Piketty extreme wealth inequality helps fuel the instability in the Middle East.
Growing inequality of wealth and income fairness or social justice or economic development alone is not a problem.
Inequality negative, raising the risk of heart disease and suicide rates shorten the duration of their lives, affects the health of those at the bottom shows a wide body of research that is not, Linda Rosenstock, a professor at the UCLA School of Public Health and former director of the National Institute for Occupational Safety and Health, told the Huffington Post last year.
"Income inequality is growing concerned that there is an additional reason," Rosenstock said.
Credit Suisse Global Wealth Report last year have been described as astonishing growth of wealth at the maximum, which is associated with the rise of the stock market.The richest 1% own half the world's wealth.
Economic recovery kicked in after the stock has been on a tear. S & P 500 up 46 percent. Unfortunately, most normals missed out on the gold rush from 2010. Stock - we get most of our money from paychecks. Most executive salaries and wages have increased even as they have gone after the receipt.
Driving this increase in inequality is not just the stock market. Oxfam's report also points a finger at tax dodging and tax avoidance by wealthy individuals and corporations to get a handle on urging governments around the world.
"This is a major loss for governments," Kripke said. It can distribute these dollars to their citizens that governments, invisible and inaccessible strategies that the wealthy use foreign money to park, he said. "We need reform."

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