#9513149, By monkman76 Global Wealth Disparity

monkman76 18 Apr 2013 09:39:31 12,558 posts
Seen 2 hours ago
Registered 10 years ago

ZuluHero wrote:
Like I said, I don't really own anything to my name (apart from a healthy bank balance and half a house)

Actually this is what puts you (and everyone else posting in this thread, at least over their lifetime if not right now) in the top 1 or 2%, and separates you (and us) from 98-99% of the rest of the world. Those figures happen to lump us into the bottom 99.9%, but actually as I say we're all in the top 1-2%, it just hasn't split those numbers out.

Anyway, income is just a slice of overall personal wealth. You can't separate land you own, assets etc from personal wealth, they're part of the overall picture.

The point is that a tiny tiny proportion of the world owns virtually all the spending power. Be that as income, savings, investments, land, cars, TVs, or biscuits.