24 June 2021 — Michael Roberts Blog
Just 56m or 1% of adults out of 5.3bn globally are millionaires in net wealth terms. And they own 45% of all global personal wealth. The other 99% own the rest and there are nearly 3bn people in the world that have little or no wealth at all (after debts are deducted).
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It’s become much worse since the cv plandemic in the last 16 months, and wealth/power shift towards the elites and away from the ordinary people is what we’re seeing now – especially in NZ.
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It is, very true.
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