0.5% Own Almost 40% Of World’s $231Trillion Dollars Of Wealth

0.5% Own Almost 40% Of World’s $231Trillion Dollars Of Wealth: "This report by the Business Insider is absolutely fascinating. This shows massive income inequality, not only in the U.S., but around the world. According to this report the global wealth is now $231 TRILLION dollars, with .5% own almost 40% of it.

Now, we all know where wealth is created. It is NOT created on the trading floors of Wall Street. Wealth is created by production, Wall Street is just the investors. Wall Street invests in wealth creation, and when production becomes too expensive in a country, they push the corporation to increase their dividends by outsourcing our jobs.

The fact that half of one percent own almost 40% of all wealth means, the rest of us are not receiving the fruits of our labor. If the economy grows by one dollar, but 40 cents is kept by 0.5% of the population, how does that increase economic growth?..."

Someone will have to remind me again why these greedy crooks need more tax breaks.