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That's less than the population of Germany having more wealth than the other 7 billion.

I've mentioned this before, but if you want to know why this is, read Debt: the First 5000 Years.

It's life changing



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Yeah. It's somewhere between France and Turkey.

But in my opinion the whole 99-vs-1 narrative is bonkers.

EDIT: Let me clarify to the downvoting PC frat boys: 99% vs 1% is a shit metric that doesn't address the issue of inequality. The only thing it enables is moronic populism.

Imagine if we take all the wealth of the 1% and distribute it uniformly among the rest of the 99%. Do you really think this will lead to an equal distribution of income?


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