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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTop 1% 'own half global wealth' - Credit Suisse report
Top 1% 'own half global wealth' - Credit Suisse report
16 October 2014 Last updated at 13:07 BST
The richest 1% of people own nearly half the world's wealth, according to a report out this week.
With total global wealth more than doubling this century, total household wealth in China is now the third highest in the world, only surpassed by the US and Japan, says the report by banking giant Credit Suisse.
BBC News investigates its findings - in 60 seconds.
Video produced by Michael Hirst
16 October 2014 Last updated at 13:07 BST
The richest 1% of people own nearly half the world's wealth, according to a report out this week.
With total global wealth more than doubling this century, total household wealth in China is now the third highest in the world, only surpassed by the US and Japan, says the report by banking giant Credit Suisse.
BBC News investigates its findings - in 60 seconds.
Video produced by Michael Hirst
http://m.bbc.com/news/business-29641109
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Top 1% 'own half global wealth' - Credit Suisse report (Original Post)
grahamhgreen
Oct 2014
OP
The 1% is halfway where they want to be. We'll all be their indentured slaves. Washington DC
blkmusclmachine
Oct 2014
#1
blkmusclmachine
(16,149 posts)1. The 1% is halfway where they want to be. We'll all be their indentured slaves. Washington DC
will see to it!
DC is a racket
grahamhgreen
(15,741 posts)4. Halfway... Wonder how much is enough????
silverweb
(16,402 posts)2. Welcome to the Global Oligarchy!
[font color="navy" face="Verdana"]Just don't forget to kneel when you enter the "Hou$e of Wor$hip" for a loan.
grahamhgreen
(15,741 posts)5. Kneel? You mean bend over, lol!
liberal_at_heart
(12,081 posts)3. K&R