Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

grahamhgreen

(15,741 posts) Mon Oct 20, 2014, 02:59 AM Oct 2014

Top 1% 'own half global wealth' - Credit Suisse report [View all]

Top 1% 'own half global wealth' - Credit Suisse report

16 October 2014 Last updated at 13:07 BST

The richest 1% of people own nearly half the world's wealth, according to a report out this week.
With total global wealth more than doubling this century, total household wealth in China is now the third highest in the world, only surpassed by the US and Japan, says the report by banking giant Credit Suisse.

BBC News investigates its findings - in 60 seconds.
Video produced by Michael Hirst

http://m.bbc.com/news/business-29641109

5 replies

= new reply since forum marked as read

Highlight:

Top 1% 'own half global wealth' - Credit Suisse report [View all] grahamhgreen Oct 2014 OP

The 1% is halfway where they want to be. We'll all be their indentured slaves. Washington DC blkmusclmachine Oct 2014 #1

Halfway... Wonder how much is enough???? grahamhgreen Oct 2014 #4

Welcome to the Global Oligarchy! silverweb Oct 2014 #2

Kneel? You mean bend over, lol! grahamhgreen Oct 2014 #5

K&R liberal_at_heart Oct 2014 #3