Blog #19: Wealth inequality worse globally than in the U.S.
Blog #19: Wealth inequality worse globally than in the U.S.
We’ve seen in the previous blog how serious the income gap and wealth inequality is in the U.S.
If you click this link and watch the video: https://www.youtube.com/watch?v=uWSxzjyMNpU, you’ll find out that global wealth inequality is far worse than in the U.S.
Following are the main findings in research cited in the video:
80% of the world’s peoples barely have wealth.
Richest 2% have more wealth than half of the rest of the world.
The world’s total wealth is roughly $223 trillion.
The richest 1% have accumulated 43% of the world’s total wealth of $233 trillion.
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