The rich have gotten so rich that they are ‘destabilizing societies’
New York Post
Despite the best efforts of those raging against income inequality, the chasm between the world’s haves and have-nots doesn’t appear to be getting any narrower. According to the Credit Suisse Global Wealth Report, a mere 0.7% of the global population owns nearly half the world’s wealth. At the other end, 73% of the popular have less than $10,000 each. “In recent years, there has been a growing sense that the economic recovery is shallow, and has not reached all layers of society,” researchers said in the study. “Evidence from our global wealth database supports this view.” Here’s what the current wealth pyramid looks like: At the top of the pyramid, the number of global millionaires has soared ...
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