How 62 People Are Wealthier Than 3.5 Billion People

How Powerful Is The Middle Class? http://bit.ly/1KIfuOm
Subscribe! http://bitly.com/1iLOHml

Global inequality continues to rise, but the rich keep getting richer. How is it that 62 of people are wealthier than half the world combined?

Learn More:
An Economy For the 1%: How privilege and power in the economy drive extreme inequality and how this can be stopped
http://policy-practice.oxfam.org.uk/publications/an-economy-for-the-1-how-privilege-and-power-in-the-economy-drive-extreme-inequ-592643
“The global inequality crisis is reaching new extremes.”

Oxfam says wealth of richest 1% equal to other 99%
http://www.bbc.com/news/business-35339475
“The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam.”

America’s wealth gap between middle-income and upper-income families is widest on record
http://www.pewresearch.org/fact-tank/2014/12/17/wealth-gap-upper-middle-income/
“The wealth gap between America’s high income group and everyone else has reached record high levels since the economic recovery from the Great Recession of 2007-09, with a clear trajectory of increasing wealth for the upper-income families and no wealth growth for the middle- and lower-income families.”

Recession rich: Britain’s wealthiest double net worth since crisis
http://www.theguardian.com/business/2015/apr/26/recession-rich-britains-wealthiest-double-net-worth-since-crisis
“Britain’s billionaires have seen their net worth more than double since the recession, with the richest 1,000 families now controlling a total of £547bn.”

Music Track Courtesy of APM Music: “Elevation”

Subscribe to TestTube News!
http://bitly.com/1iLOHml
_________________________

TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It’s a place where curiosity rules and together we’ll get a clearer understanding of this crazy world we live in.

Watch more TestTube: http://testtube.com/testtubenews

TestTube now has a newsletter! Get a weekly round-up of our most popular videos across all the shows we make here at TestTube. For more info and to sign-up, click here. http://testtube.com/fwd

Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork

TestTube on Twitter https://twitter.com/TestTube

Trace Dominguez on Twitter https://twitter.com/TraceDominguez

TestTube on Facebook https://facebook.com/testtubenetwork

TestTube on Google+ http://gplus.to/TestTube

Download the New TestTube iOS app! http://testu.be/1ndmmMq

Special Thanks to Matt Lieberman for hosting TestTube!

Comments

comments