 |
|
Is this an issue? Is it sustainable? If it continue in
Posted on: January 21, 2019 at 17:41:00 CT
TigerJackSwartz MU
Posts:
64229
Member For:
17.43 yrs
Level:
User
M.O.B. Votes:
0
this trajectory, what will be the result?:
"The Public Good or Private Wealth? report, published Sunday, found that the wealth of billionaires has increased by $900 billion in the last year, or $2.5 billion a day. This bonanza has not been felt by the poorest half of the world, which saw its wealth decline by 11 percent.
Since the 2008 financial crisis, the number of billionaires has doubled, according to the report, and the very rich along with corporations are paying lower taxes than they have in decades. At the same time, 3.4 billion people are living in poverty on less than $5.50 a day.
According to a new report from anti-poverty nonprofit Oxfam, just 26 people owned the same amount of wealth as the poorest 3.8 billion people."
"The Public Good or Private Wealth? report, published Sunday, found that the wealth of billionaires has increased by $900 billion in the last year, or $2.5 billion a day. This bonanza has not been felt by the poorest half of the world, which saw its wealth decline by 11 percent.
Since the 2008 financial crisis, the number of billionaires has doubled, according to the report, and the very rich along with corporations are paying lower taxes than they have in decades. At the same time, 3.4 billion people are living in poverty on less than $5.50 a day.
According to a new report from anti-poverty nonprofit Oxfam, just 26 people owned the same amount of wealth as the poorest 3.8 billion people."
Please explain why this message is being reported.
MESSAGE THREAD
Is this an issue? Is it sustainable? If it continue in - TigerJackSwartz MU - 1/21 17:41:00