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Economic Crisis, Stupidity, and the People

Started by Jeffrey Torres · · 👁 5 views · 21 replies

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Participants Jeffrey TorresEric Cook50Alexander Sanchez7Nicole Morales3Ashley Rogers4Steven Nelson29David Adams65mistyhound2Robin Ramos2restlesscrane152Henry Taylor12Morgan Nelson7urbanhawk85
Morgan Nelson7 Morgan Nelson7 Newcomer
1 message
joined Jun 2009
#21 ·
If you caught the documentary Home this past Friday, you might have noticed they claimed half of the world's total wealth—cash, gold, you name it—is held by
just 2% of the global population
Do the math on what 2% of 6.7 billion actually looks like
The irony is palpable...
urbanhawk85 urbanhawk85 Member
10 messages
joined Mar 2009
#22 ·
Morgan Nelson7 said:If you caught the documentary Home this past Friday, you might have noticed they claimed half of the world's total wealth—cash, gold, you name it—is held by
just 2% of the global population
Do the math on what 2% of 6.7 billion actually looks like
The irony is palpable...


If that statistic holds up, then the crisis isn't even real. It turns out those wealthiest 2% of people are essentially "indebted" by about $2,500 per person.
That’s pocket change for people at that level. The issue isn't really about "how much money is owed"; it's about "how much money needs to be earned."
That 2% will never be able to earn or work off that amount!😁

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