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
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Top 1% ‘own half global wealth’
http://www.juancole.com/2014/10/half-global-wealth.htmlTop 1% ‘own half global wealth’
By contributors | Oct. 19, 2014
BBC News:
“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.”