Monday, August 09, 2021

Money money money

Now that Richie Rishi is talking about making pensioners pay for the pandemic, it is worth recalling the real wealth distribution in society.

The 2020 Credit Suisse Global Wealth report makes for interesting reading.

Released at the end of October last year, it revealed that the top one percent of households globally own 43 percent of all personal wealth, while the bottom 50 percent own only one percent.

Successive governments have done nothing to alter this state of affairs. 



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