05-01-2012, 06:46 AM
Half Of The World's Richest 1 Percent Are Americans
According to calculations by World Bank economist Branko Milanovi, half of the world's richest 1 percent of earners, about 29 million people, are Americans. Four million members of the world's 1 percent are Germans, while "the rest are mainly scattered throughout Europe, Latin America and a few Asian countries." However, to be in the top 1 percent in terms of world earners, a household needs to make just $34,000 per person (so a family of four would need to make $136,000).
According to calculations by World Bank economist Branko Milanovi, half of the world's richest 1 percent of earners, about 29 million people, are Americans. Four million members of the world's 1 percent are Germans, while "the rest are mainly scattered throughout Europe, Latin America and a few Asian countries." However, to be in the top 1 percent in terms of world earners, a household needs to make just $34,000 per person (so a family of four would need to make $136,000).
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass