Fwd: Davos WEF 2011: Wealth inequality is the "most serious challenge for the world"
---------- Forwarded message ---------- From: Dante-Gabryell Monson <[email protected]> Date: Sat, Sep 10, 2011 at 7:06 AM Subject: Davos WEF 2011: Wealth inequality is the "most serious challenge for the world" To: [email protected] http://www.telegraph.co.uk/finance/financetopics/davos/8283310/Davos-WEF-201... Davos WEF 2011: Wealth inequality is the "most serious challenge for the world" Wealth inequality is the most serious challenge facing the world in the years ahead, senior business figures heard at the World Economic Forum in Davos today. http://www.telegraph.co.uk/finance/financetopics/davos/8283310/Davos-WEF-201... /// http://en.wikipedia.org/wiki/Distribution_of_wealth#In_the_United_States In the United States *at the end of 2001*, *10% of the population owned 71% of the wealth* *and the top 1% owned 38%.* *The bottom 40% owned less than 1% of the nation's wealth.* http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States Various sociological statistics suggest the severity of wealth inequality "with the top 10% possessing 80% of all financial assets [and] the bottom 90% holding only 20% of all financial wealth." http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-g... [image: Average Income by Family, distributed by income group.] are you aware that:
THE RICHEST 1 (ONE) PERCENT OF AMERICANS possess more wealth than THE COMBINED WEALTH OF THE BOTTOM 90 (NINETY) PERCENT. // THE NEXT RICHEST 9 (NINE) PERCENT also possess more wealth than THE COMBINED WEALTH OF THE BOTTOM 90 (NINETY) PERCENT
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Michel Bauwens