The Global Wealth Pyramid

| June 4, 2011

This is the global wealth pyramid……in U.S. dollars.  Basically only 8% of the WORLD population has $100,000 dollars or more of net worth!  Put another way, 92% of the world population has less then $100,000 in total wealth. 

The Wealth Effect For The Rich Vs. Negative Wealth Effect For Everyone Else!

| April 25, 2011

“The Wealth Effect” — combined with low taxes on capital has concentrated American wealth into the hands of the richest 1%. Seven percent of income flows to the top 0.1 %. Meanwhile, tax receipts in general are the lowest as a percentage of GDP in a half century.

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