Most ET conservatives in worlds Top 1% . ET lefties... not so much

Discussion in 'Politics' started by TJustice, Nov 1, 2018.

  1. TJustice

    TJustice

    https://www.cnbc.com/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html


    Just how much money do you need to be among the global 1 percent?

    According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or "wealth," as "the value of financial assets plus real assets (principally housing) owned by households, minus their debts."

    More than 19 million Americans are in the 1 percent worldwide, Credit Suisse reports, far more than from any other country, while "China is now clearly established in second place in the world wealth hierarchy," with 4.2 million citizens among the world's top 1 percent.


    To be among the top 10 percent worldwide, you don't even need six figures: A net worthof $93,170 will do it.

    And even if you have just $4,210 to your name, you're still richer than half of the world's residents.


    These numbers reflect the extreme level of persistent wealth inequality. As Credit Suisse reports: "While the bottom half of adults collectively owns less than 1 percent of total wealth, the richest decile (top 10 percent of adults) owns 85 percent of global wealth, and the top percentile alone accounts for almost half of all household wealth (47 percent)."

    The good news is, "there are signs that wealth inequality is no longer rising," Credit Suisse says.

    The share of financial assets among many of the richest people and richest countries "peaked in 2015 and has been declining since then. In previous reports, we predicted that wealth inequality would follow suit — possibly with a slight lag — and there is evidence that this is now the case. The share of the top decile and the top 5 percent remains at the same level as in 2016, while the share of the top 1 percent has edged down from 47.5 percent to 47.2 percent according to our best estimate."

    It's too early to conclude that wealth inequality is on a downward trend, Credit Suisse reports, but "the prevailing evidence suggests it may well have leveled out, albeit at a very high level."
     
  2. Terry, did you make much as America's first living brain donor?
     
    piezoe likes this.
  3. TJustice

    TJustice

    I would like to call attention to how often the lefties will try and dox people to get them to cease speaking or thinking.

    Trolls outing you or turning you in to the State for non conformity. If you challenge them they are willing to destroy your life.

    They do it at work.
    (I just heard about it at parties last night.)
    They do on it social media.
    They care little of freedom or freedom of thought or speech.

    Their's is a sickness or syndrome which needs a name.
    Weaselcrats, Stoolieous, Finkosity...Demnarcosity?





     
    Last edited: Nov 1, 2018
  4. When you come on a site using the nic TJustice supporting Trump (Trump Justice) it just seemed you might be a professional troll so googling "Tjustice" brought up Terry Justice fairly easily.

    Wow, at least go and visit your brain whoever has it.
     
  5. TJustice

    TJustice

    Truth Justice and the American Way...
    duh.

    Trump Justice..ha. You are seriously unhinged. Serious TDS.
    You need to take a break. Visit America for a few months and see that only a few people are who as deranged as the lefty drones here.
    These guy here who give you the likes... they are not real. Usual Name yes, there are some people like him... but there are very few real antifa.
    They are creations for money. Tony, exGoper and their comrades... they are not real people. They don't really exist in quantity anywhere.

    They either live in their parents basement making memes or they are paid operatives. Not real.



    What the heck is Terry Justice?
    You are proud of your attempts to dox Poindexter
    You have tried to do it to others.

    And its not just you here.
    Its been done by multiple lefties.




     
    Last edited: Nov 1, 2018
    Poindexter and LacesOut like this.
  6. carrer

    carrer

    As long as the market/nation is a free market and a fair-play market, I don't see why the wealth gap is a problem.
     
    Clubber Lang likes this.
  7. RRY16

    RRY16

    Quit the Greenwich tennis brat cry baby act, it’s getting old..how the hell do you know who’s in the 1% on here?
     
  8. Nine_Ender

    Nine_Ender

    Rich men don't whine about their health care premiums and taxes online.
     
    exGOPer and Slartibartfast like this.
  9. d08

    d08

    I kept reading waiting for some reference to right/left political leanings.
    Can you actually read @TJustice or do you just copy and paste and hope for the best?
     
  10. kandlekid

    kandlekid

    Well, I read or heard recently that for the first time in history, at least 50% of the world's population is now middle or upper middle class. I guess that is good. My personal belief is that may be somewhat due to so much offshoring of western jobs (bad ?).
     
    #10     Nov 2, 2018