Posted in Politics

What is real poverty

   December 18, 2006

mag glassFood for Thought from MarketWatch.com:

The richest two percent of the world’s population owns more than half of the world’s household wealth. Although you may believe you’ve heard this statistic before, you haven’t: For the first time, personal wealth, not income, has been measured around the world. And the findings are surprising. For what makes people “wealthy” across the world spectrum is a relatively low bar. See Sophisticated Investor.

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