| Search by tag or site | Login to my blog ? Start my own blog |
![]() |
Canajun FinancesMy personal views and rants on home finances with a Canadian Perspective |
40% Of World's Wealth Owned By 1% Of Population
Posted on 12/06/2006 00:00 AM | Link | Post Comment
I love that kind of headline, it is from the cbc's web site, and the article associated with it is quite interesting to read.
In terms of Canadians, it is pointed out that:
I can assure you I am not part of the top 1% and I am hard pressed to reach the Canadian average in real money too. What does this all mean? The difference between "Western" countries and developing nations is MASSIVE, I agree with that, whole-heartedly. There are people fighting to get clean water, and I complain about having to put snow tires on my car, however, what does this report say we should do about it? Nothing, it just reports the facts, and then allows politicians to bandy this information about? Maybe aid organizations could use it, but again, what is the information good for?
In this season of Christmas, remember to give to those who are needy (like the Hunger Site on this page, which is a free click guys). --C8j
In terms of Canadians, it is pointed out that:
It took more than $500,000 US to be among the richest one per cent of adults in the world, according to the report.
(...)
Canada's net worth per capita came in at $70,916 US, putting it just ahead of Denmark.
I can assure you I am not part of the top 1% and I am hard pressed to reach the Canadian average in real money too. What does this all mean? The difference between "Western" countries and developing nations is MASSIVE, I agree with that, whole-heartedly. There are people fighting to get clean water, and I complain about having to put snow tires on my car, however, what does this report say we should do about it? Nothing, it just reports the facts, and then allows politicians to bandy this information about? Maybe aid organizations could use it, but again, what is the information good for?
In this season of Christmas, remember to give to those who are needy (like the Hunger Site on this page, which is a free click guys). --C8j
- Younger Rural Home Owners?
- Happy Black Monday Anniversary
- Flash: Inflation In September At 2.5%
- Get Off The Throne Will Ya?
- University Costs Holy Crap!
- Oct 2007
- Sep 2007
- Aug 2007
- Jul 2007
- Jun 2007
- May 2007
- Apr 2007
- Mar 2007
- Feb 2007
- Jan 2007
- Dec 2006
- Nov 2006
- Oct 2006
- Sep 2006
- Aug 2006
- Jul 2006
- Jun 2006
- May 2006
![]()
- Millionaire Now! by Larry Nusbaum
- The Boston Real Estate Blog
- The Peridot Capitalist
- Trump University
- Biiwii.com Notes
- In The Money
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them [read more]













<< My Home | TheMoneyBlogs Home